Banks are very helpful in modern times. Nowadays only 17 percent of financial transactions in Rennes are performed without banks. Bank can offer variety of products like structured product or possibility to buy securities. In case of question with term deposit you can contact directly Mr Greyson Perez from Banque Chaabi du Maroc at 19 Boulevard de Sévigné, 35700 Rennes, France or Michelle Bonner from CIC located at 14 Place Sainte-Anne, 35000 Rennes, France.
Although banks are still the most common source of financing, a new source of financing has appeared, that of crowdfunding. It has a real place in the Rennes area and is becoming increasingly popular.
Crowdfunding has been widely used for funding innovative projects. The most famous example is Kickstarter. Launched in 2009, this site now manages over $4 billion worth of funding.
The aim of Kickstarter is to enable people to fund their ideas, whether they are a product, a movie, a game, or something else. The great thing about Kickstarter is that it enables people to crowdfund a project without having to beg their friends and family.
In 2013, the British government introduced a new law that required all crowdfunding platforms to be registered as charities. This was designed to give the government more control over crowdfunding and ensure that the money donated was used as intended.
Our editorial staff received many questions about the new series of financial seminars organized in Rennes. The main topic for next edition is how to apply for refinancing loan.
We know that now the time is difficult and more and more people are experiencing this situation. To meet each question about this topic we will publish an article in every other edition of our Newsletter which we will publish around two weeks. Thus, when the time is needed, it is available for the readers.
As a new feature introduced by French magazine Finance, we will publish an article in each newsletter dedicated to the subject of French tax system with a brief description of the tax system and how it works. We would like to emphasize that we will not cover each law and tax system.
Just in summary to clarify the main features and to show how it works. In this newsletter, the first topic we will discuss is the French personal income tax system. In the second part of the newsletter we will present an update on the French wealth tax system.
In this topic we will cover how it works, where is it located, and what are the rules of application In this edition, with the help of a professional tax advisor, we will show and explain the main features, procedures, rules and exemptions of the French Wealth Tax system.
We understand that this system is much different from the US tax system and there will be some features that are new for the French tax system. There are also differences in how one must file their income and expenses from the French government and the IRS. The Wealth Tax, which can be seen as a mix between the income tax and the estate tax, applies here.
There is no penalty or additional tax when an individual voluntarily pays their French wealth tax, so it is truly a progressive tax system. A French Wealth Tax works on a 50-50 split between the value of personal property and capital.
The more expensive the property and the greater the equity in the property, the higher the tax you must pay. The tax rate ranges from 1-6% depending on the value of the property, the equity and the age of the property. If the equity in the property is worth over 200,000 euros, the tax rate can go as high as 7%.
The value of property or the capital, also known as the base or the minimum taxable value, is based on the cost of the real property itself plus any improvements and furnishings, but does not include personal property such as an investment portfolio or the value of insurance policies, unless it is used for personal needs. Estate tax Estate Tax The estate tax has been abolished in France.
GPS : 48.1132315, -1.6815957
GPS : 48.115016, -1.676736
GPS : 48.1141352, -1.6806751
GPS : 48.1167025, -1.67192
GPS : 48.1124268, -1.6819092000001
GPS : 48.1225422, -1.6839646
GPS : 48.1229151, -1.6844654
GPS : 48.1116788, -1.6752555
GPS : 48.1106471, -1.6791333
GPS : 48.1109037, -1.6795803
GPS : 48.1106303, -1.6854837
GPS : 48.1102371, -1.6824091999999
GPS : 48.1096818, -1.6828277
GPS : 48.1097765, -1.683409
GPS : 48.1087536, -1.684799
GPS : 48.1216224, -1.6632867
GPS : 48.1266971, -1.6872087
GPS : 48.1076244, -1.6843444
GPS : 48.1065034, -1.6779487
GPS : 48.1063312, -1.6779403