Question 9837 — income tax

Summary

Withholding tax is a reform of income tax collection that eliminates the one-year gap between receipt of income and payment of the corresponding tax. The withholding tax applies, in principle, to income taxable for income tax according to the rules applicable to salaries, pensions, life annuities, in the category of industrial and commercial profits, non-profit profits. commercial and agricultural profits and takes the form of: either a withholding tax or a deposit depending on the nature of the income, their origin and the domicile of the taxpayer who receives them. Salaries from foreign sources, that is to say those received in return for an activity carried out abroad, paid to a taxpayer domiciled for tax purposes in France by a debtor established outside France, give rise to the payment of the deposit. This income taxable in France is therefore subject to payment of the deposit, even if it entitles you to a tax credit equal to the foreign tax. In application of these principles, taxpayers domiciled in France for tax purposes and working in Monaco will be subject to a deposit. This will be calculated and deducted from the bank account designated by the taxpayer directly by the tax administration from the latest known information, i.e., for January 1, 2019, the 2017 income tax return filed in spring 2018, based on a twelve-month schedule. The unemployment benefit to help return to work received by a French person having previously worked in Monaco being taxable income for income tax, of a salary nature, received by a taxpayer domiciled for tax purposes in France and from a French source will be subject to an withholding tax, operated by the income payer, namely, in the situation described by the author of the question, Pôle Emploi. The income payer will carry out this withholding tax by applying to the net taxable amount the personalized rate of the income beneficiary if he has one. Otherwise, it will use a proportional rate resulting from a default rate grid called non-personalized rate. In any case, he will then remit the amount of this withholding tax to the tax administration.

Machine translation from French. The official text remains authoritative.

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