View Single Post
  #1 (permalink)  
Old 24th June 2009, 12:50 PM
erd erd is offline
Expat Newbie
 
Join Date: Jun 2009
Posts: 6
Rep Power: 0
erd is on a distinguished road

Default France, tax issue

Hello everyone :-)

I am from a Non-EU country, planning to live in whether Italy or France beginning next year.

I own a house and car here. Will keep the house, sell the car, planning to rent a flat in France but the are 2 main questions arising important, will be pleased if you can help.

Planning to buy a 2nd hand Lamborghini Gallardo or brand-new Nissan GT-R, both around EUR 85,000.

For buying a car in France, I think I have to be a permanent resident. Am I right? (not sure about about that)

When I qualify for a parmanent resident, then I have to pay taxes, which I don't want. The reason is simple: I have some websites which I earn advertising income. That has nothing to do with France. It's not even freelance.

On tax advice websites, it says when you become a resident, you have to pay taxes from all your incomes (international). How can this be? If I earn $200,000 a year, will I give almost 40% of this income to French government?

Thanks in advance
Reply With Quote