Question 7540 — French people abroad

Summary

Mr. Stéphane Vojetta draws the attention of the Minister of the Economy, Finance and Industrial and Digital Sovereignty to the current impossibility for French people residing abroad, in particular those who have opted for the “Schumacker” regime, to open a popular savings account (LEP). Under the terms of article L. 221-15 of the monetary and financial code, the opening of the LEP is reserved for taxpayers who have their tax domicile in France. It is different for the sustainable and solidarity development booklet (LDDS) and the stock savings plan (PEA), which can be kept in the event of a transfer of tax domicile. It should be noted that a ministerial response from 2016 aimed to confirm that an LDDS already opened as a tax resident of France could be kept by its holder when he or she becomes a “non-Schumacker resident”. “Schumacker non-residents” are assimilated to persons domiciled for tax purposes in France, within the meaning of domestic law (while remaining subject to a limited tax obligation, within the meaning of international conventions). On first reading, these people could therefore open the above-mentioned products, which is, to date, not the case for LEP. According to the website of the Ministry of the Economy, the LEP is “designed to encourage the savings of the most modest”. For open one, you must have a reference tax income lower than a ceiling revised annually, depending on the number of shares in the household. Consequently, provided identical resources, he would like to understand why Schumacker's non-resident compatriots who, by nature, pay most of their income tax in France, cannot open and keep this savings account.

Machine translation from French. The official text remains authoritative.

Timeline

1. 25 April 2023

   Question

   Source: DateQuestion

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

No documents linked.

Sponsors

• Stéphane Vojetta · auteur

Related records

No cross-record relationships stored yet.