Non-resident real estate owners beware!
REF.: 064 Under French regulations, real estate income generated in France by non-resident private individuals is taxable in France, whatever its legal source:
Our Practical Guide for Non Residents leasing Furnished Rentals in Paris: Part 2
REF: 047.2: If you rent furnished accommodation, you are automatically placed under the ‘BIC’ tax regime (industrial and commercial income tax) instead of under the regime applied to property income, as you would be if you rented unfurnished property. This status is also open to non-residents wishing to benefit from furnished rental status. Depending on…
Our Practical Guide for Non-Residents leasing Furnished Rentals in Paris: Part I
REF: 047.1: Paris is a city loved and visited by the whole world. To protect tourism, the government is preserving historic buildings by preventing the construction of new housing. The real estate supply is therefore permanently limited and the practice of renting in furnished houses competes directly with the hotel sector. As the supply of…
Taxe foncière: a guide to french local property taxation
REF: 011 Our team of experts often receives questions from expat homeowners in France on the difference between two of France’s main local property taxes: taxe d’habitation and taxe foncière. In Part Two of our two-part summary, we explain taxe foncière.
Taxe d’habitation: a guide to french local property taxation
REF: 010 Are you a non-resident homeowner in France? Perhaps you are retiring to the South, or are considering acquiring a chalet in the French Alps to rent out. Buying and managing a property in any country can prove to be a hassle at times, particularly when it comes to paying the correct taxation rates…
Tax refund for foreign property owners in france
REF: 008 A recent ruling of the European Court of Justice (ECUJ) against the levying of French social contributions could entitle you to refunds and make France a more attractive place for domiciliation and investments. These changes in French Social Security Contributions legislation affect an estimated 60,000 French or foreign individuals living both in and…