Is any tax payable on gift of French holiday home? My father, a UK resident, bought a French holiday home in 1998 for 60,000FF. He formally gifted it to me in 2006. My siblings received gifts in the UK to compensate. My father held no other assets in France. He died this year. Does his estate owe any taxes in France in relation to this gift? R.H.
I live in France but received a donation from the UK If a family member in the UK wishes to give me money, would that be taxed? I would use it to pay some of my French mortgage. B.R.
Effect of donation-partage on CGT in France Some time before a UK resident sells a holiday home in France they may have made a donation-partage to their children (a legal procedure, sharing property among one’s children in one’s lifetime; for example giving them a legal right to a house, while retaining lifetime use). In some scenarios this might later have been revoked. How does this affect French capital gains tax and social taxes when it is sold? W.O.
practical Tax implications of property gifts in France The donation of nue-propriété of a parent’s home to a child appears at face value to be an attractive tax-efficient inheritance option as long as the donor lives 15 years. But what are the capital gains tax implications? I.H.
Tax credit for gifts to charity in France In June 2017 I took part in a sponsored cycle ride on behalf of Cancer Support France and, as a result, I have a number of fiscal receipts in my name for some of the money that was donated. Which box do I need to declare these amounts in when I fill in my tax return for 2017? A.G.
How can we help children out? In 1996 we made a donation aux enfants , giving our two children our property here in France. This means they own the house we live in. I realise this would make the French equivalent of equity release a non-starter. Is there another way of releasing money to help our children in the short term? J.F.
