shimself
Member of DD Central
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Post by shimself on Dec 28, 2015 18:53:10 GMT
Not of general interest obviously
This news comes from Unilend - a sort of French REBS/FK (but imho utterly dangerous to actually invest money through).
It says that you can claim losses of no more than 1000€ per project recognised after 1 Jan 2015
Unilend vous fait profiter des dernières évolutions fiscales et vous permet de bénéficier du dispositif de déduction des pertes en capital qui entre en vigueur le premier janvier prochain. Pour en profiter, vous n'avez qu'une seule chose à faire : valider les nouvelles Conditions Générales de Vente. .... A compter du 1er janvier 2016, la Loi de Finances Rectificative pour 2015 permet aux personnes physiques de déduire les pertes en capital des intérêts perçus au cours de la même année ou des 5 années suivantes, pour tous les prêts consentis dans le cadre du financement participatif, dans la limite de 1 000 euros par projet.
Does anyone here have enough knowledge to work out how this affects the French tax treatment of investments in UK?
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JamesFrance
Member of DD Central
Port Grimaud 1974
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Post by JamesFrance on Dec 29, 2015 11:47:32 GMT
This is all very confusing, because although losses can be deducted for income tax, it will not apply to social charges which will be the main tax for me once they are reintroduced in a different form, having been ruled illegal by the EU for those of us not in the French social security system being holders of an S1.
The French P2P sites will withhold tax and it will be automatic, but I don't think there is any provision in the on line tax declaration to deal with this for other sites.
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