1. The essentials
Certain expenses or investments may be eligible for tax reductions.
In principle, tax reductions are only available to French tax residents.
Unlike tax credits, if their amount exceeds that of the tax due, the difference will not be refunded and cannot be carried forward to the tax due for subsequent years (with certain exceptions).
What's more, tax reductions can only be offset against tax calculated according to the progressive tax scale.
2. Summary table
To find out more and choose the best solution for you, please contact your local advisor at mg@capitalconseils.net.
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