For the latest in-depth analysis, subscribe to our news service at France Insider.

If you require advice and assistance with the purchase of French property and moving to France, then take a look at the France Insider Property Clinic.

12. Gift Tax in France

12.3. Rates of French Gift Tax

If the value of the gift is larger than the allowances that are available then a liability arises for gifts tax on the value over the allowance.

The rate of taxation applicable depends on the type of gift, and the relationship to the donee.

The taxable amount is the sum applicable after deductions of the permitted allowance.

In addition, the tax is applied on a 'sliced' basis so that each slice of the total sum is taxed at a different rate. Thus, using the rates and bands below, on a gift of €50,000 between a parent and a child the gifts tax payable would be a shade over €8,000.

The 2024/25 rates are as follows:

i. Gifts Between Parents and Children

Taxable Amount	Rate of Tax
Less than €8,072	5%
€8,072 - €12,109	10%
€12,109 - €15,932	15%
€15,932 - €552,324	20%
€552,324 - €902,838	30%
€902,838 - €1,805,677	40%
More than €1,805,677	45%

ii. Gifts Between a Married Couple/Civil Partners

Taxable Amount	Rate of Tax
Less than €8,072	5%
€8072 - €15,932	10%
€15,932 - €31,865	15%
€31,865 - €552,324	20%
€552,324 - €902,838	30%
€902,838 - €1,805,677	40%
More than €1,805,677	45%

iii. Gifts Between Brothers and Sisters

Taxable Amount	Rate of Tax
Up To €24,430	35%
Greater than €24,430	45%

Others family members are taxed at the rate of 55% and those outside the family at the rate of 60%.

There may also be notaire fees payable, as we set out later in section 6.

If the gift is over €15,000 and it is declared to the authorities then you can by option (by submission of form CERFA-2734 by the recipient) to defer the payment of any gift tax until the death of the donor, when it would then be paid as part of the inheritance. This option is not widely understood, but it could mean that if you live at least 15 years after having made the gift the liability to gift tax expires and it is considered as part of the inheritance, where of course there is a €100,000 inheritance tax allowance to each child. In the worst case, you child could invest the money during this period, on which interest would be earned to pay any taxes due.

Next: Gifts of Real Estate

Back: Gift Tax Allowances

Request Tax Advice

Advertise

Propertyspy

Properties

Rentals

The Guides to France are published for general information only.
Please visit our Disclaimer for full details.