Banking, Taxes and Finance

Banking in France, French taxes and finances - How to write out a French cheque, how to open a bank account in France, the French tax system and currency exchange.

Now Backed By Sir Richard Branson, TransferWise Raises $25M For Cheaper Money Transfers

 TransferWise Raises $25M For Cheaper Money Transfers Started by the people who built of PayPal and Skype (and now funded by Sir Richard Branson), Transferwise makes the process of doing foreign currency transfers (forex) extremely simple. The fees are a fraction of what most banks charge and they give you the current mid-day current exchange rates!

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French Tax Bulletin – November 2012

taxThe much awaited Instruction complementing the new French tax measures affecting trusts with French resident parties or French situs assets has proved to be a bit of “a damp squib”...read more

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French Tax Bulletin – 26 July 2012 Trust Instruction

taxThe French tax administration have confirmed in a recent instruction - reference 13K-5-12 - that the 2012 filing deadline for the 2012 trustee French tax reporting is postponed to 15 September 2012, from the original date of 15 June. The new date is also the payment deadline for the 0.5% trust tax charge where this applies.

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American Expats and Obamacare. What should American expats living abroad know?

The US Patient Protection and Affordable Care Act (PPACA) or so-called “Obamacare” was upheld by the Supreme Court in June 2012. Starting January 1, 2014 U.S. citizens will be required to carry affordable healthcare coverage or pay a penalty tax. The annual penalty tax will be $95 on individuals who do not have an acceptable insurance coverage. The penalty tax is scheduled to increase to $695 by 2016...

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French Tax Bulletin - July 2012

taxThe projet de loi de finances rectificative pour 2012 was released on 4th July and contains a number of measures which will necessarily affect individual taxpayers...

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The Anti Tax Evasion Changes

taxA closer look at the anti tax evasion changes introduced by the Loi de Finances Rectificative pour 2011, published on 28 December 2011.

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Proposed tax changes in France

Tax changesThe French government has proposed a series of tax changes which is expected to be passed by parliament in time to take effect in 2012. These changes will affect both French and non French residents. This article looks at the key proposed changes and their likely effects.

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Clock ticking on pension cash deadline

UK expats in France who want to access their pensions before the April 2010 age changes cannot afford to leave it a day longer, according to experts at Expat Pensions LLP...

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How to write out a French cheque

French chequeWriting out a French cheque can be a bit daunting at first so here's a quick guide on how to fill one out plus a handy list of numbers in French to assist you...

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Opening a French Bank Account

French bank accountsIf you are planning on living permanently in France or if you have a French mortgage you will probably find life a lot easier with a French bank account...

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Sending Money Overseas

currencies directIf you are contemplating moving to France or are looking to purchase a French property then you will no doubt be negotiating hard with your agent to get the best deal possible on the price. However what many people fail to appreciate is that they can reduce the true cost of the property by thousands of pounds simply by using a specialist currency company rather than their bank to send their money overseas...

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