You will be subject to the French tax rate of 40% and with their surcharges you're looking at 51% even if you are working for a international company. Then if you make anything over $87K you are subject to US income tax on top of the French tax, and for the whole time you are working there you are subject to pay your social security and medicare taxes. I worked overseas for years and the only way to get around the host country taxes is to be working for an American company on a US government contract. Then as long as you make under 87K you are only required to pay SS and medicare. The only other way to avoid US taxes is to work directly for a French company and pay your 51% tax rate. If you want to live in France it may be good for you but it takes a certian kind of person to move and live in a foregin country, it ain't for everyone.
Re: Move to France--$27 Billion in Fiber
Member #: 5567
Registered: 1996-2001
Posted:
3797
Name:
John
Company:
County Gov
Occupation:
Fiber Design, Construction, Maintenance
Location:
Washington DC
Personal:
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