France Wealth Tax Calculator 2023
Calculate IFI (Impôt sur la Fortune Immobilière) for 2023
Introduction
🎯 What
France Wealth Tax Calculator 2023 estimates annual wealth tax (IFI) for individuals based on net real estate assets and applicable exemptions.
👥 Who
Property owners with high-value real estate assets in France and individuals planning finances to meet wealth tax obligations.
💡 Why
To calculate estimated wealth tax, understand applicable thresholds, exemptions, and rates for planning purposes.
🏠 Property & Deductions
Total market value of real estate
Mortgages and deductible debts
Apply 30% deduction?
Apply exemption?
ℹ️ About Threshold
Exemption threshold: €1,300,000 net taxable wealth.
💵 Tax Summary
Enter property details and calculate
Detailed Calculation Breakdown
Wealth Tax Overview in France 2023
Taxable Assets & Rates
Taxable assets: Real estate assets only (net of debts). Exemption threshold: €1,300,000.
| Net Taxable Value (€) | Rate (%) |
|---|---|
| 0 – 800,000 | 0% |
| 800,001 – 1,300,000 | 0.5% |
| 1,300,001 – 2,570,000 | 0.7% |
| 2,570,001 – 5,000,000 | 1.0% |
| 5,000,001 – 10,000,000 | 1.25% |
| 10,000,001 – 50,000,000 | 1.5% |
| 50,000,001+ | 1.75% |
Allowances & Deductions
- Debts secured against taxable real estate reduce taxable base
- Exemptions for primary residence reduction (up to 30% of value)
- Certain donations or investment exemptions may apply
Calculation Examples
Example 1: Standard Case
Total Assets: €2,000,000
Secured Debts: €200,000
Primary Residence Deduction: No
Net Taxable Wealth: €1,800,000
Tax: 0.5% on 500k + 0.7% on 500k = €8,500
Example 2: With Deductions
Total Assets: €5,000,000
Secured Debts: €500,000
Primary Residence Deduction: Yes (30%)
Net Taxable Wealth: €3,150,000
Tax calculated progressively = €23,650
Frequently Asked Questions (FAQs)
Q: Are financial assets included in IFI?
A: No, only real estate assets are considered for wealth tax in France.
Q: Can multiple deductions be applied?
A: Yes, deductions for debts and primary residence are applied sequentially.
Q: Is wealth tax payable if net taxable value < €1,300,000?
A: No, it falls below the exemption threshold.
⚠️ Full Disclaimer
This France Wealth Tax Calculator 2023 provides estimated results only.
Actual wealth tax depends on official asset valuations, exemptions, and local regulations. Tool is for informational and Google AdSense purposes only. Consult your tax advisor for exact calculation.