B: Basis for free transfer tax

I. – The provisions of I of article 764 are applicable to the assessment of transfer duties inter vivos, free of charge, whenever the furniture transferred is sold publicly within two years of the deed of gift. II. – With regard to jewellery, gems, works of art or collectors’ items, the taxable value may not, subject to what is stated in I, be less than 60% of the valuation made…

In accordance with article 1078-3 of the Civil Code, the agreements provided for by articles 1078-1 and 1078-2 of the same code are not subject to gratuitous transfer duties. The first paragraph applies to property reincorporated into a shared gift made to descendants of different degrees in accordance with an agreement entered into pursuant to article 1078-7 of the same code, including when this property is reallocated to a descendant…

I. – Debts which have been contracted by the donor for the acquisition or in the interest of the property which is the subject of the donation, which are charged to the donee in the deed of donation, and of which the assumption by the donee is notified to the creditor, are deducted for the calculation of the transfer duties for no consideration, when the donation relates to: a. All…

Gifts of less than fifteen years made to grandchildren pursuant to article 1078-4 of the Civil Code are not reportable in the succession of their father or mother.

As from 1 January 2014 (1), the costs of reconstituting title deeds to buildings or property rights incurred in the twenty-four months preceding a gift inter vivos to enable the donor’s right of ownership to be established and charged to the donor by the notary are allowed, on production of supporting documents, as a deduction from the declared value of the property transferred, up to the limit of that value,…