How about reducing your IFI by temporarily transferring property ownership?

How about reducing your IFI by temporarily transferring property ownership?

OUR ADVICE – The technique to transfer income from the estate to a child or association also allows you to reduce taxes. Here’s how to do it. Unlike classic donation, where the donor gives up his property immediately, temporary donation of usufruct enables its transfer for a pre-agreed limited period. The usufructuary has the right…

Despite the reforms, France is still a tax champion

Despite the reforms, France is still a tax champion

Author: Anne de Guigné Published on 14.11.2023 at 5:47 p.m, Update yesterday at 07:34 French levies represent almost half of its gross domestic product (GDP), exactly 48% according to Eurostat. 258744661/HJBC – stock.adobe.com DECRYPT – In particular, production taxes remain twice as high as the eurozone average. Abolition of ISF and housing tax, reform of…

Landlord Owner: renovate your property while reducing taxes

Landlord Owner: renovate your property while reducing taxes

Author: Nathalie Cheysson Kaplan Published on 13/11/2023 at 08:00, Update on 13/11/2023 at 10:22 The deficit of land as a share of total income only allows for a reduction of the income tax base, but not the tax base subject to social security contributions. Getty Images/iStockphoto DECRYPT – In the context of a rental investment,…

Taxation: investment in real estate that escapes MFIs

Taxation: investment in real estate that escapes MFIs

Author: Nathalie Cheysson Kaplan Published on 09.11.2023 at 2:00 p.m, Update on 9/11/2023 at 2:27 p.m Buying a property freehold can also be an interesting strategy to anticipate the transfer of your real estate by reducing the gift tax. elxeneize / stock.adobe.com OUR ADVICE – If you want to continue investing in real estate while…

Focus on forests and farmland to reduce property tax

Focus on forests and farmland to reduce property tax

Forests, woodlands, meadows or land for agricultural use are generally exchanged between professional operators. michel / stock.adobe.com OUR ADVICE – There are solutions to investing in real estate without increasing the wealth tax burden too much. In particular, you can opt for the rural sector and take advantage of the 75% exemption. Buying a forest,…

Budget 2024: these frictions that saw the government backtrack on taxes

Budget 2024: these frictions that saw the government backtrack on taxes

Author: Julie Ruiz Published on 19/10/2023 at 18:37, Update on 19.10.2023 at 19:37 The expansion and extension of the zero-rate loan (PTZ), which was supposed to be canceled from January 1, represents a victory for the construction sector. Tiberius Gracchus – stock.adobe.com DECRYPT – Fuel, housing, niches… On several issues, the executive has corrected its…

Financial authorities are adapting their tools to enter the digital age

Financial authorities are adapting their tools to enter the digital age

Author: Julie Ruiz Published on 09.10.2023 at 19:48, Update on 9/10/2023 at 9:25 p.m. The tax authorities will soon be able to ban platforms from, among other things, selling French users products from companies that “do not comply with their tax obligations in France”. SORAPOP UDOMSRI/sorapop – stock.adobe.com ANALYSIS – The Finance Bill 2024 contains…

Thermal filters: fund your work with tax cuts

Thermal filters: fund your work with tax cuts

The government has created a “super deficit” of land, set aside for energy renovation spending, to encourage landlords to refurbish their thermal grids. Mike Fouque – stock.adobe.com OUR ADVICE – Little known to most property owners, land deficit is nevertheless a formidable tax tool that allows you to absorb the burden of maintaining your property…