Contact Us
France
Individual - Sample personal income tax calculation
Last reviewed - 11 November 2020| Taxable income (T) / Number of shares (N) | Rate (%) | Income tax (I) | |
| Over (EUR) | Not over (EUR) | ||
| 0 | 10,064 | 0 | 0 |
| 9,964 | 27,794 | 14 | (0.14 x T) - (EUR 1,409 x N) |
| 27,519 | 74,517 | 30 | (0.30 x T) - (EUR 5,856 x N) |
| 73,779 | 157,806 | 41 | (0.41 x T) - (EUR 14,053 x N) |
| 157,806 | 45 | (0.45 x T) - (EUR 20,365 x N) | |
Example:
T = EUR 44,500; N = 2 (married taxpayers)
T/N = EUR 22,250
I = (0.14 × EUR 44,500) - (EUR 1,409 x 2) = EUR 3,412
Please note that tax brackets indicated above are 2019 tax brackets.
