Dear all,
I have heard that, also for people working in Geneva but living in France, as soon as they have another income they will have to compensate the taxes they pay in Switzerland with the amount they should have paid in France.
E.g.
I earn 120k CHF and up to last year I just wrote this number (in euro) in the French declaration, adding the Certificat de salaire in which is written that I've already paid the taxes at the source (let's say 18.8% even if it's not exact, but enough for the example). No money has been asked to me from France. ok
This year I am renting a flat in France, so I have to add the renting revenue. Let's say 10k. I can simply declare it (filling the 2042 C form).
The question I have is:
Will France ask me the taxes about this 10k or about the whole (subtracting what I've already paid in Switzerland)?
I've asked a consultant and he told me that as soon as I've another revenue in France, then France will ask me to compensate if I've paid less in Switzerland... This is quite strange to me, because can end up that if you earn in France just little money you will pay in France to compensate more than what you've earned.
Checking here
http://www.calcul-impots.net/calcul-impot-2013.php
I saw that in France I would have paid (on 100k euro) approx 23.5k euro, i.e. 26.5% equivalent. If I have to "compensate" then it means that I have to give them the difference between the 18.8% and the 26.5%, which this year is approx 5.5k euro....
which would make the renting of my flat very-very unprofitable...
Does anyone know the law about this?
I saw this table
http://www.travailler-en-suisse.ch/i...paiement-impot
I just want to be sure they France won't ask me >6k euro of taxes to add up to the one I've already paid, otherwise I have just to sell the apartment!
Thanks for your help