France reforms taxation on investment income and wealth
From 2018 French residents no longer need to pay wealth tax on savings and investments, and investment income benefits from a new tax rate.
There have been a number of tax reforms in France over recent years; reforms that usually led to higher taxes. So it makes a refreshing change to be able to write about tax cuts this time. For general income (employment, pensions etc) taxation will remain pretty much the same as this year, but 2018 will see significant changes to how investment income and wealth are taxed.