I made a substantial withdrawal from my Assurance Vie, asking the provider to pay the french tax; They didn’t and told me that I would have to do it. I found this annoying, as it meant that the annual declaration would be more complicated than usual. When the time came, I declared it in box 2DH “produits soumis au prélèvement libératoire”. But in fact this is for produits déjà soumis… i.e. tax already paid. So I didn’t pay any tax! I discovered this several month later, and after discussions withy my local tax office, I have had it corrected, and haven’t had to pay a penalty, but I do have to pay at the flat tax rate of 30% (rather than the 24.7% rate (7.5%+17.2%) expected.
I should have used form 2778 for declaring the gains within a month of withdrawal. I didn’t even know of the existence of the form, and didn’t even know that you had to make some declarations outside of the annual cycle. This is the reason for my post - just in case there are other forum users who didn’t know this either - as a warning!
The other reason, is to ask if there are other cases to make instant declarations, e.g. for dividends? This could be relevant to me as I still have investment ISAs which report “income” such as distribution reinvested. I declare these on 2047 as 2DC …dividendes… (though perhaps 2TS (autres revenus distribués) might be more appropriate?
I believe that the “flat tax” is being taken off, so it should be ok?
But might this cause problems during a “control” if I haven’t already declared as dividends? Though I couldn’t do it at the time of “receiving” them - given that I only find out about them in the annual ISA statement.