I have a very specific question. I am a dual European-American citizen. I live in France. I declare my income on French investment accounts to the US, and am generally tax-compliant.
I contribute each year to a French tax-exempt retirement plan, called a PERP. In France, contributions to this plan are deductible from income (for tax purposes), up to around 10% of income. My question is this: Under the US-France tax treaty, are these contributions also deductible from US income, or not?
Thanks for your replies.