By

Benjamin A. Kergueno
In real estate, “bargains” are not uncommon. Professional transfer, divorce, family drama … busy sellers are often forced to sell off their property. For the benefit of the purchaser who seized the opportunity. Problem: the “good deal” awakens sometimes the interest of the taxman who can initiate a procedure of rectification of price or recovery...
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French income tax for non-residents Non-residents who earn rentals income from a property they own in France are liable in France to pay income tax on the net proceeds of that activity. In practice, a minimum imposition of 20% applies. Most non-residents benefit from a double taxation treaty, which grants partial relief against liability to...
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Visa applications for non-EU homeowners in France: liberate yourself for good French immigration law states that a temporary residency card of four years — known as the Carte Visiteur (Visitor) — can be granted to any foreigner who proves they hold sufficient earnings and assets, and who commits to not working in France. Earning of...
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Homeowners in France: should you pay the 3% tax? All legal entities that — directly, indirectly or through an intermediary entity — hold one or more properties situated in France must pay an annual tax equal to 3% of the property market value. This applies to entities such as French and Monaco SCIs as well...
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French legal interest for 2016 : The french legal interest applicable for 2016 has been set at the following amounts by the French Government : – 4,54 % for claims between individuals – 1,01 % for claims between professionals Download the PDF document : ARRETE DU 23 DECEMBRE 2015  
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French wealth tax for non residents to be applicable for assets above 2,7 millions euros. Do you hold assets in France for a value above 2,7 millions euros ? If so, you would be well advised to read on : Download the PDF DOCUMENT : WEALTH TAX DECLARATION 2725 FOR ASSETS ABOVE 2,7 MILLIONS EUROS Download...
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French social charges taxed 15,5% on property incomes paid by non residents  : The saga unfolds. The most recent update to the landmark ruling in the MR de Ruyter case concerning french social charges paid by non-residents occurred on 27/07/2015, where the Conseil d’Etat confirmed a European Court of Justice (ECJ) decision made in February...
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Franco – Luxembourg tax treaty will be modified in 2016 for capital gains on properties located in France. On January 1st 2016, capital gains on transfer of properties located in France and owned by Luxembourg companies like a SOPARFI via a french company like an SCI (Société Civile Immobilière), will be taxed in France, and...
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French social charges taxed 15,5% on property incomes paid by non residents to be ruled contrary to EU law. The ECJ’s General Advocate Sharpston says in pending case C-623-13 that the french social charges taxed 15,5% on property incomes paid by non residents are contrary to EU Regulation n°1408/71. This would apply to property incomes...
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New Franco Chinese 2014 tax treaty is now implemented. This new Franco Chinese tax treaty updates the former tax treaty dated May 30th, 1984, and various articles concerns real estate taw law. Download the PDF DOCUMENT : DECRET DU 31 DECEMBRE 2014 For instance, Chinese sovereign funds as the CIC (CHINA INVESTMENT CORPORATION) will mostly...
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