The United Kingdom will leave the European Union at midnight on January 31, 2020. The DGFiP answers your questions on the tax consequences of the UK's exit from the European Union.
Here are the key questions and the answers provided by the tax authorities:
- I hold UK securities in my PEA, what happens after Brexit?
- How will the exit tax apply to transfers of domicile to the UK (domicile already transferred or future transfer of domicile)?
- Can I continue to make donations to British non-profit organizations (NPOs) and still benefit from the tax reduction for donations / the tax reduction on real estate wealth?
- How will an individual seller who has become resident in France be taxed on the capital gain realized on the sale of his former main residence in the United Kingdom?
- What will the UK's situation be with regard to social security contributions on income from property?
- Will UK tax residents, like all tax residents of non-European Economic Area countries, be required to appoint an accredited tax representative for property sales in France, in accordance with the provisions of article 244 bis A of the French General Tax Code?
- I bought a vehicle in the UK that I want to register in France, are there any new procedures following the Brexit?
