Tax exemption 2016
You are fiscally resident in France and hold one or several taxable savings products. Therefore the interest and dividends that will be paid from these investments in 2017 will be subject to income tax.
Furthermore, they are subject to a debit that is made directly at source, which constitutes an advance payment on the tax due in 2018 (24% on interest and coupons and 21% on interest dividends for shareholders).
To be exempt from the advance payment on your 2017 investments held with Crédit Agricole Normandie a request for exemption must be registered. This depends on your annual income tax reference that is written on your 2016 tax statement and must be carried out in each banking establishment where you hold taxable savings products. Please note exemption from the advance payment does not constitute exoneration from income tax.
Up until the 23th of November 2016, you may download and complete the French tax exemption form (1), and return it to us along with a copy of your 2016 tax declaration (not obligatory) by
- post to Credit Agricole Britline, 15, esplanade Brillaud-de-Laujardière - CS 25014 - 14050 CAEN CEDEX 4
- or by e-mail to firstname.lastname@example.org.
Translation of the tax exemption form (for information only)
The agency Britline of CA Normandie is available on 02 31 55 67 89 (2), should you have any questions.
To be exempt from the 2017 advance tax payment your annual income tax reference from 2015 must not exceed:
25 000 € for a single person and 50 000 € for a couple subject to joint taxation for interest.
50 000€ for a single person and 75 000 € for a couple subject to joint taxation for dividends.
If you are eligible, the exemption from the advance tax payment must be registered each year.
(1) Your signed statement of honour must be signed by all adult members that make up your fiscal household.
(2) Local costs apply when phoning within France from a fixed line.
The agency Britline of CA Normandie is available to tax residents in the United Kingdom, Ireland and France. Caisse Régionale de Crédit Agricole Mutuel de Normandie - Head Office: 15, esplanade Brillaud-de-Laujardière - CS 25014 - 14050 CAEN CEDEX 4 – Cooperative company with variable capital, registered as a credit company - 478 834 930 RCS Caen - Insurance brokerage company registered under matricule Nr 07 022 868. Inter-European VAT number: FR 83 478 834 930. Crédit Agricole Britline is a member of the Guaranteed Fund for deposits, the Guarantee of Investors warranties, and Guaranteed Fund for investors. Crédit Agricole Britline is controlled by L’Autorité de Contrôle Prudentiel et de Résolution: 61 rue Taitbout – 75436 Paris Cedex 09