I'm going to immigrate to France, so what's the French property tax?

France collects real estate tax in the form of annual land tax, which mainly includes "land tax in built-up area" paid by owners and "residential tax" paid by residents. The tax rate is determined by various collective voting in local territory, including towns, provinces, cities and regions.

The property tax in France is calculated according to different regulations in different regions and levied according to the real estate situation in June+10, 5438. For example, in June+10, 5438, property owners have to pay annual tax, and if they sell their property in the future, they also have to pay annual tax. If, within one year, the property owner transforms and refurbishes the building, thus increasing the value of the property, the increased value will be considered in June 65438+ 10 of the following year. Taxpayers are homeowners, beneficial owners and entrusted heirs. As a part of the financial source of a certain region, province, city or township, property tax can promote the construction of public facilities and services. For some buildings, temporary tax reduction is allowed, including a tax reduction period of 2 to 30 years. Old people, disabled people or homeowners with financial difficulties can also enjoy tax relief.

The first is the residence tax. Everyone who owns a house and a parking space must pay the house tax, that is, the residence tax is paid by the residents of the house, whether they are owners or tenants. The tax rate varies from region to region. Take Paris as an example, the total tax rate is11.151%. If the house is vacant, the owner does not have to pay residence tax.

Secondly, the land tax is levied on the owners, regardless of whether the property is rented or not. In addition to land tax, 8% local tax management tax is also levied, and the total local tax is 9.23%. Land tax is subdivided into "completed housing land tax" and "unfinished housing land tax". The calculation method of tax amount is to multiply the rental value of real estate by the adjustable tax rate. The two taxes mentioned above are local taxes levied by various regions, provinces and towns in France.

The value-added tax is again, and the tax rate is 28. 1%. However, self-occupied houses and houses above 15 can be tax-free. The longer the homeowner owns the property, the more tax cuts will be made. In the process of house transfer, buyers have to pay a handling fee of about 2.5% of the house price and a transfer tax of 7.5%. Idle houses are also subject to residential vacancy tax, with tax rates ranging from 10% to 15%. However, the French government has not adopted a "one size fits all" policy in the formulation of taxes. Instead, it is implemented through different valuations in different regions, avoiding multiple members of the same family owning multiple houses and taking preferential measures for vulnerable groups.

In the process of holding, two kinds of local taxes are paid every year-the tax rate is determined by the local government, and each city is different: one is the residence tax and the other is the property tax, which is calculated by multiplying the rent of the same lot by the local tax rate (the property tax in Cannes is as high as 43%). In the process of transfer, you still need to pay the capital gains tax, which is 33%, but you will apply for a reduction according to the number of years you have held the house.