Complex inheritance laws and a change
of government mean French home owners need to review their tax status,
says Matthew Cameron
One of the major principles of the EU is the freedom of movement
and establishment of individuals throughout the European economic
area.
It is increasingly common for people to move across jurisdictions
for work and retirement, as well as to spread their estates across
borders. Legal and accountancy professionals will regularly encounter
clients with a property in another country within the EU, or even
further afield.
A wider distribution of an individual’s assets often
results in increased complexity in the management of their affairs,
whether for ongoing tax matters, or in the administration of their
estates upon death.