France not allowed to levy social contributions on surplus value and income from rent
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Income from rent and surplus value realised by Belgian residents on property located in France used to be subject to more than just French income tax. On top of income tax, an amount of 15.5% of social contributions was withheld. Owners of a second house in France, however, are in principle already subject to Belgian social contributions. If France levies social contributions as well, it violates European legislation. Therefore, France will have to adjust its legislation.
For payments as from income year 2012 (assessment year 2013) it is possible to lodge an appeal in order to claim back sums unjustly paid.
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