Tips for Tax Return in Spring 2014 about Income of Fiscal Year 2013

1. Tips for Tax Return in Spring 2014 about Income of Fiscal Year 2013 Don’tforget to redeema part of yourRAeSannualfeespaid in December 2013 ! According to France Tax Code, Section 200, 4 bis

2. If bank or credit cardfeesapply, then the amountallowedis the « net money transfer» reallyreceived by RAeS on itsaccounts in London (cf. Official Bulletin BOFiP#BOI-IR-RICI-250-20-20120912 § 30) Here, in ourexample, Amex feeswere 3,43 € thuswe’llonlyretain : (140,76 € - 3,43 €) = 137,33 € First of all, don’tmakemistake about the amount : on RAeSinvoiceit’swritten in £ GBP. Thereforeyou have to takeagainyour credit cardstatementreceived at the end of Nov-Dec. 2013 to get the amount in Euro currency. Example :

3. In your Tax return, you have to write only the gross amount – i.e. the amount paid to RAeS ! Warning ! You can’t use the usual « 7UF » box on the main form because this box is only for gift made to entities headquartered in France. You have to get an additionnal form named « Cerfa # 2042 C » and fill the « 7VC » box. But don’t worry, you’ll get the same deduction than charities having H.Q. in France ! • You have to indicate the name and address of the beneficiary : • whether online tax return : in a pop-up • whether by paper tax return : on page 2, in the « E » box of the main form « Cerfa 2042 » 137 €

4. The French tax services will calculate your « Réduction d’impôt » equivalent to 66 % paid to RAeS and directly deducted from the Income Tax you have to pay to Tresor Public. In this example, given the £ to € rate, it will be : (137 € x 66%) = - 90 € To have to pay in less @ France Gov. Real cost of RAeS in 2014 : lessthan 51 € !

5. Don’tthrowawaysomeusefulpapers ! • In case of control by Tax services, you’ll have to produceevidence of the payment sent to RAeS : • of course RAeS 2014 feesinvoice, but howeveritwill not beenough ! • ultimately, bank or credit cardstatementshowingRAeS charge.