ETUDES FISCALES INTERNATIONALES

Trusts vs Taxation

First overview of draft legislation

France/ THE NEW TAX ON TRUST

LA NOUVELLE FISCALITE SUR LES TRUST 

Translational tax net work

La conférence de mai 2011 sur la reforme française

OECD Forum 2011.The fight to restore trust 

OECD Tax Co-operation 2010

Taxation of the assets or the rights of a trust to wealth tax

and transfer taxes where there is no consideration

The article 6 of the finance bill rectified of 2011 aims at confirming and at covering the taxation of trusts and legal comparable foreign legal entities for transfer taxes where there is no consideration and wealth tax.

Thanks to the procedure of regularization of year 2009, the French administration was able to have a perfect knowledge of the schemes made a certain numbers of French residents to try to avoid taxes. They used this experience to prepare dissuasive texts.