Article 764 bis of the French General Tax Code
Notwithstanding the provisions of the second paragraph of l’article 761, an allowance of 20% is made on the real market value of the property constituting the main residence of the deceased on the day of death when, on the same date, this property is also occupied as a main residence by the surviving spouse, by the partner linked to the deceased by a civil solidarity pact or by one or…