The Double Tax Avoidance Agreement (DTAA) is an agreement signed between two countries. These agreements cover a wide sources of income such as income from salaried employment, profits from business, dividends, royalties, bank interest, capital gains, etc.
These agreements provide guidelines and explain, which country holds the right to collect taxes on income. Generally, the country where the income originates retains the primary right to apply taxes on it, but the country of residency may also apply taxes, at a reduced rate.
A few examples of DTAA between France and the following countries, in French and English versions:
- India
- USA
- UK
- Canada
- Australia
- Bangladesh
A complete list of DTAA signed by France and various countries can be found on the French tax department website here Impots
Reference
- Notice 2047-NOT: Notice de la déclaration des revenus encaissés à l’étranger This notice explains the tax credits applicable to the taxes deducted on income earned from outside France
Disclaimer
- Any finance-related information shared is not professional legal, tax, or investment advice.
- The information provided is of an educational and general nature and is not investment advice within the meaning of Articles L. 321-1 and D. 321-1 of the French Monetary and Financial Code.
- Investment carries risks of loss and past performance does not guarantee future performance.
- For all professional advice, please consult a certified financial planner, CGP, CIF, tax consultant, etc.
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