Regularising foreign assets: a practical guide

Summary — the original article was published in French as « Régularisations des avoirs étrangers : mode d’emploi ».

Faced with tougher criminal and tax penalties, the Cazeneuve circular of 21 June 2013, allowing French taxpayers with undeclared foreign assets to regularise their tax position, met with remarkable success.

Within five months, 6,500 taxpayers had already informed the tax authorities of their intention to regularise, with thousands more cases awaiting validation. Léa Faulcon sets out the procedure.

Read the original excerpt in French →