The status of professional furnished rental company (“LMP”) applies exclusively to lessors who rent out furnished accommodation on a professional basis. We will see in this article the following points:Read More »The tax and social regimes of professional furniture property rental (LMP)
The owners, whether they are residents or not, of a professional or residential building in France receive at this time a notice of “Taxe foncière”. Similarly, people who are notRead More »Property tax “Taxe foncière” and housing tax “taxe d’habitation” – Two singular taxes
Article of 07/06/2021 updated on 15/07/2022 The comments relating to the reporting obligations of trusts that appeared in the BOFiP relating to ISF were updated in 2022 and carried overRead More »The trusts: declarations to be presented by the administrator
The tax returns must be subscribed as every year, the deadlines for filing declarations with the tax department are as follows: * For “paper” deposits (only in certain exceptional cases)Read More »News on revenue statements for 2021 year
Non-professional furnished rental meet a precise definition and is subject to a particular tax and social regime. We will briefly describe the rules related to this activity. The important pointRead More »Non-professional furnished rental after the reform of the social security financing law for 2021
We present below the general rules concerning land income realized with a building located in France: The scope of the scheme; Tax regimes; The principles of determining the result; TheRead More »The French tax regime for revenues from a building “Revenus fonciers”
Tourism activity is highly developed in France and the number of accommodation categories provided for by law is also important so that there is a regulation adapted to all typesRead More »The different categories of tourist accommodation and their regulations
Two subjects of news about taxes: Tax reduction named “DENORMANDY” on real estate investment Ten years of recovery for non-declaration of account abroad Among these two topics, the first willRead More »Some news about taxes
Non-professional furnished rental meet a precise definition and are subject to a particular tax and social regime. We will briefly describe the rules related to this activity. To designate non-professionalRead More »Non-Professional Furnished Rental
Municipalities can ask holidaymakers staying in their territory to pay a tourist tax. However, the municipality is authorized to exempt certain categories of holidaymakers. The tourist tax and the periodRead More »Tourist Tax
There are a large number of different taxes in France. We will briefly introduce the most common. We can classify them into four categories: Inheritance taxes, Income taxes, Local taxes,Read More »Taxes in France
This is a new wealth tax that applies to people with real estate assets worth more than € 1,300,000. It enters into force as from 1 January 2018. In return,Read More »Tax on Real Estate Fortune (Impôt sur la Fortune Immobilière)
I- Furnished property or hotel residence 1. Income taxation The applicable regime is “B.I.C.” (Industrial and commercial profits). Thus, the choice between two tax regimes is possible: The micro forRead More »Investing in Real Estate in France
