Franco-British tax convention on inheritance: anticipating the transmission between France and the United Kingdom

Succession with elements located in France and the United Kingdom may raise important tax issues: domicile of the deceased, location of property, composition of assets and articulation between the inheritance rules of the two States.

The Franco-British tax convention on inheritances organises precisely this interaction in order to limit situations of double taxation.

Anticipating taxation before transmission

In the presence of an international heritage, estate taxation must be integrated early enough into the heritage thinking.

The location of an asset, the manner in which it is held or the residence of the persons concerned may significantly change the tax burden incurred during the transmission.

The strategic challenge then is to understand how French and British rules combine in order to identify the choices that can best preserve the value transmitted.

Preserving the transmitted heritage

An international succession strategy is not just about avoiding double taxation. It consists of organizing the heritage in such a way as to limit, where permitted by law, fiscal frictions and to seek the most efficient transmission structure in relation to the family and heritage situation.

The firm acts as strategic tax partner, by analysing the consequences of a Franco-British transmission and looking for solutions to legally optimise inheritance taxation while maintaining overall heritage coherence.

Master Édouard Pruvost specializes in international tax and heritage strategy advice. To anticipate the tax consequences of a succession between France and the United Kingdom, to assess the effects of the applicable convention and to identify the optimisation levers adapted to your assets, contact the firm to benefit from a personalised strategic advice.