The French tax return campaign for 2023 officially opened on 11 April 2024. In this article, Rosemont gives you an overview of the deadlines to be met this year:
Income tax returns :
The deadlines for filing income tax returns for 2023 vary depending on the taxpayer's département of residence on 1 January 2024 and whether the tax return is filed online or on paper. The deadlines are as follows
- 21 May 2024 at 11.59pm: for paper returns, regardless of place of residence
- 23 May 2024 at 11.59pm: for départements 01 to 19 and nonresidents;
- 30 May 2024 at 11.59pm: for départements 20 to 54 ;
- 6 June 2024 at 11.59pm: for departments 55 to 976.
Note: Please note that from this year onwards, the full addresses of adult or married children who are attached to their parents' tax household must be given if they are different from those of their parents.
A compulsory questionnaire is also inserted at the end of the process, to remind them of their obligation to declare changes in the occupation of their property and direct them, if necessary, to the "Manage my property" service.
IFI declaration (Impôt sur la Fortune Immobilière) :
Anyone with property assets worth more than €1.3 million is subject to the Impôt sur la Fortune Immobilière (property wealth tax) and must therefore submit a declaration each year.
This relates to all properties held worldwide by French tax residents, or to all property located in France for non-residents.
The declaration is made on a supplementary declaration no. 2042-IFI and must be submitted according to the same timetable as the income tax return.
Find out more about the IFI in our article: l'Impôt sur la Fortune Immobilière en France (in French only).
Property tax returns:
From 2023, taxe d'habitation has been abolished for all main residences, and remains applicable to other premises such as vacant premises and second homes.
If there is a change in the title to the property between 2 January 2023 and 1 January 2024, owners (individuals and legal entities) must declare this before 1 July 2024.
Find out more about the Manage my property service
Declaration of the 3% tax on the market value of property held in France - TVVI
The 3% tax applies to property owned in France, directly or indirectly, by any legal entity, French or foreign, with or without legal personality.
It must be declared annually using form 2746. The declaration date is 15 May.
Declarations by property companies not subject to corporation tax
The declaration concerns non-trading companies (sociétés civiles) or commercial partnerships (sociétés de personnes) whose objects are the management of property assets and whose business or a sector of their business consists of unfurnished letting. This year, the deadline for online declarations has been set at 18 May (declaration by 3 May if in paper format).
Declaration of trusts
Administrators of trusts must declare annually the market value at 1 January of the property, assets and capitalised income making up the trust. This declaration must be made using form 2181-TRUST2 before 15 June.
Preparing and submitting your returns can sometimes be complex and time-consuming. Rosemont's experts can support you throughout the process, providing personalised advice and ensuring that your declaration complies with the regulations in force:
- Gathering and organising your financial documents.
- Identify the tax deductions and credits to which you are entitled.
- Complete your tax return correctly online or on paper.
- Submit your return on time.