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How to receive a contribution to a property purchase in france

leg1t
leg1t Posts: 17 Forumite
edited 15 July 2009 at 4:41PM in Budgeting & bank accounts
Following the advice below (thank you), I have replaced this thread under "cutting tax". I'm not allowed to post the full link but it's post 23346933

Comments

  • This thread should perhaps have been posted in the 'cutting tax' section.

    Although I am no tax expert I would just say that tax avoidance is perfectly legal, whilst tax evasion is not. Moving monies across borders to avoid tax authorities knowing might not be considered as legal avoidance.

    You may need to take advice on this one from accountants.
    RIP independent MSE.
    Died 1st June 2012
  • agsnu
    agsnu Posts: 1,457 Forumite
    Googling "french gift tax" throws up http://www.sykesanderson.com/service_france/articles/french_gift_tax.asp as the first result, which would imply that your friend would be liable for gift tax even if he is gifting outside of the country.
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