Joined
·
1 Posts
I am a French citizen and have worked in the US for 13 years. I plan to return to France to work this year and retire in about 20 years. I have a US based individual retirement account called a Roth IRA, which is funded with after tax dollars. The balance grows tax free from a US tax perspective. At age 59 1/2, I can take distributions and again no taxes are due, either on my after tax contributions, which is logical, or on the capital appreciation.
My question is as follows: when I become a French resident again, will I owe annual French income taxes on the capital appreciation? I have done some research (US-France International Convention, etc) but have not found a clear answer.
Does anyone know the answer?
Thanks !!
My question is as follows: when I become a French resident again, will I owe annual French income taxes on the capital appreciation? I have done some research (US-France International Convention, etc) but have not found a clear answer.
Does anyone know the answer?
Thanks !!