The French General Directorate of Public Finance June 26 issued an administrative doctrine on the taxation of individual income under the family quotient regime. The doctrine explains that: 1) a 5.4 percent indexation rate applies to the applicable tax brackets and to the related limits and thresholds; 2) this revaluation applies starting with the tax due in 2023 for tax year 2022 income; and 3) the revaluation is related to the capping of the maximum tax advantage provided by the additional half shares of the family quotient.

https://news.bloombergtax.com/daily-tax-report-international/france-tax-agency-issues-administrative-doctrine-on-individual-income-taxation-under-family-quotient-regime

#bloombergtax