SIR HOWARD VINCENTTo ask the Under Secretary of State for Foreign Affairs if foreigners having real estate in France will be subject to the income tax recently imposed upon the full amount of their incomes, or if only upon such income as is derived from property in France.
1376 (Answered by Lord Cranborne.) From the provisions of the Bill recently submitted to the Chamber of Deputies it appears that foreigners of more than one year's residence, whether they have real estate in France or not, will have to pay on their entire income, whether derived from France or from other countries. Foreigners not residing in France but possessing there landed property or agricultural, commercial, or industrial establishments are apparently subject to income tax only in respect of such property or establishments. The law is, however, not to take effect till the next year but one after the date of its enactment.