
Exit tax : The price to pay for leaving France
France has a reputation for heavily taxing its residents, but did you know you can even be taxed when you leave the country? Since 2011, the “Exit tax”, or “exceptional contribution on the value of certain assets,” aims to deter wealthy individuals and companies to flee the country or to come and go in and out of France for purely fiscal reasons. The law was, however, reformed in 2019 under president Macron, and there are ways to prevent that taxation or to minimize its impact.




