FOCUS:: French Income Tax 2016 (due in 2017)

Residents

Income tax table for 2016 income

Please note that an exceptional contribution of 3 % or 4% on high income earners (i.e., where the income of reference exceeds € 250,000 for a single taxpayer and €500,000 for a married taxpayer) have been set up and is applicable as of 2011 income. The contribution will be repealed as soon as the deficit target of 3 percent is reached.

Non-residents

For 2016 compensation, the income tax withholding rates for non-residents are 0, 12 and 20 percent, depending on the amount of net compensation, as outlined below. The tax may, in some cases, be final. When compensation reaches the 20 percent bracket, an annual individual non-resident income tax return is also required even though tax has been withheld at the source. When an annual non-resident return is required for either French-source compensation income or other French-source income, this income is subject to the same progressive tax rates outlined above or a flat rate of 20 percent, whichever of the two is higher.

Non-resident withholding rates for 2016 income

The maximum marginal tax rate on the graduated rate scale applicable to 20152016 income is 45 percent, reached at EUR EUR 152,108260 of taxable income for a single taxpayer; this amount is doubled for married taxpayers and increases according to family size.