Guide to French Taxes
10. French Wealth Tax
- Introduction
- Liability to Wealth Tax
- Rates of Wealth Tax
- Wealth Tax Declaration
10.3. Rates and Bands of Wealth Tax in France
The tax bands and rates of taxation applicable for 2025 (2024 assessment) are shown below.
| Fraction Taxable | Rate of Tax |
|---|---|
| €0 - €800,000 | 0% |
| €800,000 - €1,300,000 | 0.50% |
| €1,300,000 - €2,570,000 | 0.70% |
| €2,570,000 - €5,000,000 | 1% |
| €5,000,000 - €10,000,000 | 1.25% |
| €10,000,000+ | 1.50% |
A wealth tax cap operates, so that total taxes should not exceed 75% of income, a complicated rule that only applies to residents.
The assessment to get to net taxable wealth is complex and if you are likely to be liable then professional advice should be taken.
Broadly speaking, however, assume net taxable wealth of €1.37m:
- Up to €800K: 0%
- Between €800K and €1.3m: (1.3 - 0.8) x 0.50% = €500 000 x 0.5% = €2,500
- Between €1.3m and €1.37: (1.37 - 1.3) x 0.70% = €70,000 € x 0.70% = €490
- Total tax payable: = €2,500 € + €490 € = €2,990
A discount does apply on net wealth between €1.3m and €1.4m, worth several hundred euros.
Next: Wealth Tax Declaration
Back: Liability to Wealth Tax
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