GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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10:39 Mar 6, 2008 |
Japanese to English translations [PRO] Bus/Financial - Accounting / 課税方式 | |||||||
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| Selected response from: cinefil Japan Local time: 08:26 | ||||||
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Summary of answers provided | ||||
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3 | family coefficient rules |
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family coefficient rules Explanation: The French tax regime uses a system, known as the family coefficient rules, under which an individual's taxable income is divided by the number of allowances to which he is entitled. The number of allowances reflects the composition of the family, so a single person receives one allowance but a married couple with two children three allowances. http://riviera.angloinfo.com/countries/france/intax.asp http://www.mof.go.jp/jouhou/syuzei/siryou/029.htm -------------------------------------------------- Note added at 3 hrs (2008-03-06 14:03:33 GMT) -------------------------------------------------- It is clear that income tax to be paid in France significantly decreases due to the household coefficient which enables income tax rates to be considerably reduced according to the size of the household. http://www.invest-in-france.org/uploads/files-en/07-07-05_17... |
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