Do I need to declare my foreign bank accounts to French taxman?

Foreign residents in France must complete an annual tax declaration detailing all financial affairs, including foreign bank accounts and income, regardless of the amount. This includes declaring any accounts held outside France, even if they have minimal funds, such as a UK account with £7. The declaration ensures compliance with French tax regulations, though it does not automatically imply additional tax liabilities due to dual taxation agreements preventing double taxation on income already taxed elsewhere. It's important to use form 3916 for reporting these details.

When it comes to bank accounts, you need to declare any account that has your name on it— including joint accounts—held outside France.

Declaring your income does not necessarily mean you will have to pay tax on it; France has dual taxation agreements with most countries.

Read at The Local France