of net income and not a transfer of capital assets; common sources are employment, rent from property, pension income, interest, and dividends The donor must be left with enough income to maintain their current
In contrast to the UK, in France the beneficiary pays tax on their inheritances and gifts. The amount that they pay is dependent on the amount that they receive and their relationship to you. Children receive the largest amounts free of tax (currently €100,000) and pay the lowest rates ...