France Capital Gains Tax Calculator 2024
Calculate taxes on property, shares, and investment profits
Introduction
🎯 What
France Capital Gains Tax Calculator 2024 estimates tax payable on profits earned from the sale of assets such as property, shares, and other investments.
👥 Who
Property sellers, investors (stocks, funds, crypto*), French tax residents, and non-residents selling French assets.
💡 Why
To calculate capital gains tax, social charges, and net profit after deductions under French tax rules.
💼 Asset Information
Main residence sales are generally exempt from CGT
📊 Taxpayer Information
Non-residents pay CGT on French-source assets
Flat tax is simpler; progressive may be better for lower incomes
💵 Tax Summary
Enter transaction details and calculate
Detailed Calculation Breakdown
2024 Capital Gains Tax Rates
🏠 Property Capital Gains
- • Income Tax: 19%
- • Social Contributions: 17.2%
- • Total: 36.2%
Income Tax Allowance:
- • 6% per year from year 6-21
- • 4% in year 22
- • 100% exempt after 22 years
Social Contributions Allowance:
- • 1.65% per year from year 6-21
- • 1.60% in year 22
- • 9% per year from year 23-30
- • 100% exempt after 30 years
📊 Securities / Shares
- • Income Tax: 12.8%
- • Social Contributions: 17.2%
- • Total: 30%
Taxpayers may opt for progressive income tax rates (0%-45%) plus 17.2% social contributions instead of the flat tax. This may be beneficial for lower incomes.
Main Residence Exemption: Sales of your main residence are generally exempt from capital gains tax in France.
Understanding French Capital Gains Tax
🏛️ France Capital Gains Tax Overview
Capital Gains Tax (CGT) applies when an asset is sold for more than its purchase price. Different rules apply for real estate and securities.
Taxable Assets:
- Real estate (property)
- Shares and securities
- Business assets
- Cryptocurrency (under securities rules)
Excluded / Special Cases:
- Main residence (usually exempt)
- Certain small-value disposals
- Gifts and inheritances (different rules)
💡 Allowances & Deductions
Property Holding Period Allowances:
For income tax portion, you receive 6% allowance per year from years 6-21, and 4% in year 22, achieving 100% exemption after 22 years. For social contributions, you receive 1.65% per year from years 6-21, 1.60% in year 22, and 9% per year from years 23-30, achieving 100% exemption after 30 years.
Deductible Costs:
- Purchase costs (actual or flat 7.5% of purchase price)
- Renovation/improvement costs (actual or flat 15% if held >5 years)
- Notary fees and registration costs
Main Residence Exemption:
Sale of your main residence is generally exempt from capital gains tax. This is one of the most significant exemptions in French tax law.
📊 Calculation Logic
🌍 Residency Rules
- French Residents: Pay CGT on worldwide capital gains
- Non-Residents: Pay CGT only on French-source assets (French property, shares in French companies)
Calculation Examples
Example 1: Real Estate
Purchase: €300,000
Sale: €450,000
Costs: €30,000
Holding: 10 years
Calculation:
Net Gain = 120,000
Abatement (24%) = 28,800
Taxable Gain = 91,200
Income Tax (19%) = 17,328
Social Charges (17.2%) = 15,686
Total CGT = €33,014
Example 2: Main Residence Sale (Exempt)
Property type: Main residence
Capital gain: €150,000
CGT due: €0 (EXEMPT)
Main residence sales are generally exempt from capital gains tax in France.
Example 3: Shares (Flat Tax)
Gain: €50,000
Flat Tax (30%): €15,000
CGT = €15,000
Frequently Asked Questions (FAQs)
Q: Is capital gain taxed on primary residence?
A: No, it is fully exempt. Sales of your main residence (résidence principale) are
generally exempt from capital gains tax in France.
Q: Do non-residents pay French CGT?
A: Yes, on French assets only. Non-residents are subject to French capital gains tax on
French-source assets, including French property and shares in French companies.
Q: Are social charges always applied?
A: Yes, unless full exemption applies. Social contributions (17.2%) apply to capital
gains alongside income tax.
Q: Can I choose progressive taxation?
A: Yes, for securities under certain conditions. The 30% flat tax (PFU) is default, but
you may opt for progressive income tax rates (0%-45%) plus 17.2% social contributions if
beneficial.
Q: What are the holding period allowances for property?
A: For income tax, you receive 6% allowance per year from years 6-21 and 4% in year 22
(100% exempt after 22 years). For social contributions, you receive 1.65% per year from
years 6-21, 1.60% in year 22, and 9% per year from years 23-30 (100% exempt after 30
years).
Q: Can I reduce CGT legally?
A: Yes, through holding period allowances (for property held 6+ years), deducting
acquisition and improvement costs, and taking advantage of exemptions like the main
residence exemption.
⚠️ Full Disclaimer
This France Capital Gains Tax Calculator 2024 is for informational purposes only and intended for Google AdSense monetization.
The calculations provided by this tool are estimates based on general French capital gains tax system for the 2024 tax year. This calculator provides estimated results only. Actual tax depends on official valuations, holding period verification, residency status, and elections made with French tax authorities (DGFiP). Always consult a qualified tax professional.
This tool is for informational and Google AdSense purposes only. Actual capital gains tax obligations may vary based on specific asset characteristics, holding period calculations, exemptions, and changes in French tax legislation.