What are the tax brackets in France?

HomeTaxationWhat are the tax brackets in France?

The French income tax system is fairly progressive, but marginal tax rates vary with income. The highest marginal tax rate is 45 %, and the lowest marginal tax rate is 10 %. The French income tax system is progressive. This means that the tax burden falls more heavily on higher incomes. The tax brackets shown below are for 2013. These tax brackets are progressive.
This means that the tax rate increases as your income increases. The highest bracket includes income above the threshold. For example, someone who earns the threshold amount will pay the highest tax bracket. The tax bracket you fall into increases with your income. The next tax brackets apply only to income above the threshold. These tax rates apply only to income above the threshold. These tax rates apply only to income above the threshold. If you have income from self-employment, capital gains, dividends or other income that does not fall into one of the following categories, you should contact a tax advisor to determine whether you should file as self-employed, special tax plan, capital gains tax or other income.

Income Tax Basics: Who Pays Income Tax?

In France, taxpayers are taxed on their worldwide income, regardless of where it was earned. Unlike some countries where residents are taxed only on their home income, French residents are taxed on their worldwide income. Income tax is collected by the French government and administered by the French tax authorities. French income tax rates are set by the government and are based on the type of income. French residents who receive income can choose to be taxed under the "community" or "mixed system" income tax system. The "community" income tax system is the most common system used by French taxpayers.

Income tax rates

The income tax rate varies depending on your tax bracket. The brackets are listed above and are based on 2013 income. In the "community" system, taxpayers are grouped into five income tax brackets. The higher your income, the higher the tax bracket you are in. For example, if you earn €30,400 (about 38,000 $) per year, you would be in the 40 % tax bracket and pay income tax at a rate of €3,020 (3,460 $). In the "mixed system", taxpayers are grouped into three tax brackets. The highest tax bracket is 33 %. The tax brackets increase as your income increases. If you earn 30,400 euros per year, you will be in the 33 % tax bracket under the "mixed system". Under this system, the tax rate is 33 % on income up to 19,200 euros ($24,000). After that, your income above €19,200 is taxed at a rate of 37 %.

Dividends

If you receive a dividend, you must report the income and pay tax on it according to the tax brackets listed above. The tax rate is the same as the bracket you are in.

Capital gains

If you sell a capital asset and a capital gain results, you must report the gain and pay tax on it according to the tax brackets listed above.

Self-employed workers

If you are self-employed, you must pay corporate income tax (CIT). The CVS rate is 1.3 % on earnings above the CVS threshold.

About the exemptions

There are a number of exemptions from paying income tax. If you are employed, you may be exempt from paying income tax if your gross annual salary is below a certain level. If you are self-employed, some of your expenses may be tax deductible. You may also be exempt from paying tax on certain types of income.

In summary

If you are a French resident, you must pay tax on your income. The rate of income tax you pay depends on your income bracket. Some types of income are exempt from income tax. You must report and pay tax on your income according to the tax brackets listed above. If you are self-employed, you must report your earnings and pay self-employment tax. You must also declare your income and pay income tax according to the tax brackets indicated above. If you are a French resident, you must declare your income and pay income tax according to the tax brackets indicated above. If you are self-employed, you must declare your profits and pay self-employment tax. You must also declare your income and pay income tax according to the tax brackets indicated above.
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