I.-The debts, existing on 1st January of the tax year, contracted by one of the persons mentioned in 1° of article 965 and actually borne by it, relating to taxable assets and, where applicable, in proportion to the fraction of their taxable value : 1° Relating to expenditure on the acquisition of property or property rights; 2° Relating to repair and maintenance expenditure actually borne by the owner or borne…
I.-The immovable property or rights mentioned in 1° of article 965 and the units or shares mentioned in 2° of the same article 965 representing these same properties or rights, when these properties or real estate rights are allocated to the main industrial, commercial, craft, agricultural or liberal activity of the persons mentioned in 1° of the said article 965. The property or rights mentioned in the first paragraph of…
I.-Properties in the nature of woods and forests are exempt up to three quarters of their taxable value if the conditions provided for in 2° of 2 of article 793 are satisfied. II.-Units in forestry groups are exempt up to three quarters of the fraction of the net value corresponding to the assets mentioned in 3° of 1 of article 793 and under the same conditions. III.-Property leased on a…
1. The rate of the tax is set at: Fraction of the net taxable value of the assets Applicable rate (as a percentage) Not exceeding €800,000 0 Greater than €800,000 and less than or equal to €1,300,000 0.50 Greater than €1,300,000 and less than or equal to €2,570,000 0.70 Greater than €2,570,000 and less than or equal to €5,000,000 1 Greater than €5,000,000 and less than or equal to €10,000,000…
I.-The taxpayer may deduct from the tax on real estate wealth, up to a limit of €50,000, 75% of the amount of cash donations and full ownership donations of company securities admitted to trading on a French or foreign regulated market made to the benefit of: 1° Public or private, non-profit, general interest research, higher education or artistic education establishments and consular higher education establishments mentioned in Article L. 711-17…
I.-The real estate wealth tax of a taxpayer whose tax residence is in France is reduced by the difference between, on the one hand, the total of this tax and the taxes due in France and abroad in respect of income and proceeds for the previous year, calculated before deducting only tax credits representing tax paid abroad and non-dischargeable deductions and, on the other hand, 75% of total worldwide income…
The amount of taxes whose characteristics are similar to those of the real estate wealth tax paid, where applicable, outside France is deductible from the tax payable in France. This deduction is limited to the tax on real estate wealth paid in respect of property and real estate rights located outside France or on the value of the shares defined in 2° of article 965 representative of these same assets.
Unless otherwise provided, the rules relating to the control and litigation of registration duties apply to the tax on real estate wealth.
I.-1. Taxpayers shall mention the gross value and the net taxable value of the assets mentioned in article 965 on the annual declaration provided for in article 170. They attach to this declaration schedules in accordance with a model drawn up by the administration, on which they mention and value the elements of these same assets. The gross value and net taxable value of the assets mentioned in article 965…
Persons owning assets mentioned in article 965 located in France without having their tax domicile there as well as persons mentioned in 2 of article 4 B may be invited by the tax department to appoint a representative in France under the conditions set out in article 164 D. However, the obligation to appoint a tax representative does not apply to persons whose tax domicile is in another Member State…
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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