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…

Property tax increased by 9.3% in one year.

Property tax increased by 9.3% in one year.

In Paris, property tax jumped by 60.8%. Jean-Christophe MARMARA/Le Figaro Despite some spectacular increases, only 35 of the top 200 municipalities raised rates. In France’s 200 largest cities, property tax rose by 9.3% in one year, the National Union of Property Owners (UNPI) reported this Wednesday in its “National Property Tax Observatory”. This report indicates…

The conundrum of introducing a 15% minimum tax in French companies

The conundrum of introducing a 15% minimum tax in French companies

Author: Julie Ruiz Published on 11/10/2023 at 7:34 p.m, Update on 12/10/2023 at 10:04 This transposition of the European directive promises to be a nightmare for tax specialists. Ratirath – stock.adobe.com DECRYPTION – According to Berca, more than 570 companies could potentially be covered by this new measure At 406 pages, the Finance Bill 2024…