Latest / France News Today | 2 Min News | The Daily News Now!
French Notaries Push Gift Tax Reform | France News
French notaires are rallying to overhaul lifetime gift taxes, proposing steep cuts to help wealth flow to younger generations sooner—arguing current rates stall intergenerational transfers. Under their plan, direct-line gifts (parents to children) and sibling transfers would see tax rates halved, while even distant relatives could benefit from a massive drop from 55% to 27.5%. The push targets gifts under 552,324 euros from donors under 75, aiming to empower heirs over 50 to buy homes, start businesses, or invest early—when that support matters most. Still just a proposal, it seeks to turn…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.