Non-US Investing • Re: Countries that DON'T tax US Roth 401k/IRAs?

BUMP

I keep hearing that France doesn't tax Roths. Can somebody explain? I don't read it from the treaty.
It would seem for an exception in 2.(a), you'd need something similar as a Roth in France and you cannot be a French citizen.

ARTICLE 18
Pensions
1. Subject to the provisions of paragraph 2 of Article 19 (Public Remuneration):
(a) except as provided in subparagraph (b), pensions and other similar
remuneration, including distributions from pension and other retirement arrangements,
derived and beneficially owned by a resident of a Contracting State in consideration of
past employment, whether paid periodically or in a lump sum, shall be taxable only in
that State:
(..)
2. (a) In determining the taxable income of an individual who renders personal
services and who is a resident of a Contracting State but not a national of that State,
contributions paid by, or on behalf of, such individual to a pension or other retirement
arrangement that is established and maintained and recognized for tax purposes in the
other Contracting State shall be treated in the same way for tax purposes in the firstmentioned State as a contribution paid to a pension or other retirement arrangement that
is established and maintained and recognized for tax purposes in that first-mentioned
State, provided that the competent authority of the first-mentioned State agrees that the
pension or other retirement arrangement generally corresponds to a pension or other
retirement arrangement recognized for tax purposes by that State.

Statistics: Posted by assyadh — Thu Oct 17, 2024 11:14 pm