Welcome to my stepbystep tutorial about declaring your foreign bank interest income using the tax forms 2047 and 2042 in France. #incometax #impots

Some examples of these accounts are UK bank interest, UK premium bond winnings, Indian NRE FD interest, Indian FCNR interest, etc.

Video Chapters
00:00 Introduction
00:20 Bank Interest types
00:55 Currency Conversion
01:20 Tax Forms
01:40 Online Declaration
03:15 Offline Declaration
04:08 FAQs

Other stepbystep guides to help you complete your tax declaration are available below.
1. How to submit your Income Tax Declaration offline? || Form 2042 || France    • How to submit your first Income Tax D...  

2. How to submit your Income Tax Declaration Online? || France || 2024    • How to submit your Income Tax Declara...  

3. How to declare your Foreign Bank Accounts in Form 3916? || France    • How to declare your Foreign Bank Acco...  

4. How to declare your Foreign Brokerage Accounts in Form 3916? || IBKR || eToro || Zerodha    • How to declare your Foreign Brokerage...  

Some Useful Articles
1. How To Do Your First Income Tax Declaration In France? https://prasanthragupathy.com/2024/02... (includes getting the Tax ID / numéro fiscal too)

2. Tax: List Of Income Tax Declaration Forms In France https://prasanthragupathy.com/2024/03...

3. Tax: Essential Documents for Income Tax declaration in France https://prasanthragupathy.com/2024/04...

4. Tax: French Income Tax Declaration Deadlines In 2024 For AY2023 Income https://prasanthragupathy.com/2024/02...

5. Tax: 2024 Income Tax simulator for income earned during 2023 https://prasanthragupathy.com/2024/04...

6. Tax: Form 3916 – Declaration Of Foreign Bank, Insurance And Investment Accounts https://prasanthragupathy.com/2024/03...

7. French Income Tax Brackets And Tax Rates In 2024 https://prasanthragupathy.com/2024/01...

8. List Of EnglishSpeaking Finance & Tax Advisors In France https://prasanthragupathy.com/2023/11...

9. What Is France Services? – Government In Proximity https://prasanthragupathy.com/2023/09...

10. Double Tax Avoidance Agreement (DTAA) Between France And Various Countries https://prasanthragupathy.com/2023/07...

11. Tax: Do I Have To Declare The Various Social Benefits And Employer Allowances? https://prasanthragupathy.com/2024/03...

12. Can I Declare The Money Transferred To My Dependant Parents? https://prasanthragupathy.com/2023/06...

13. Tax: Declaration of capital gains from Plan d’épargne en actions (PEA)? https://prasanthragupathy.com/2024/04...

14. Tax: Difference between Tax Deduction, Tax Reduction & Tax Credit in France https://prasanthragupathy.com/2024/04...

15. Tax: How to declare your Foreign bank interest income in 2047 & 2042 tax forms? https://prasanthragupathy.com/2024/04...

16. Tax: Should I declare the income earned before moving to France? https://prasanthragupathy.com/2024/04...

17. Tax: Declaration when one spouse is living outside France https://prasanthragupathy.com/2024/04...

18. Tax: Declaration of Indian Income in France based on DTAA https://prasanthragupathy.com/2024/04...

Disclaimer:
Any financerelated information shared is not professional legal, tax, or investment advice.
The information provided is of an educational and general nature and is not investment advice within the meaning of Articles L. 3211 and D. 3211 of the French Monetary and Financial Code.
Investment carries risks of loss and past performance does not guarantee future performance.
For all professional advice, please consult a certified financial planner, CGP, CIF, tax consultant, etc.