COVID-19: a tax credit to support rent waivers during the crisis
The French government has introduced an amendment to the Draft Finance Bill for 2021 in order to introduce a tax credit for lessors who have granted rent waivers to their lessees who are particularly vulnerable to the current crisis. On the basis of the text adopted at this stage by the National Assembly, the tax […]
Annual 3% tax on real estate: accrued severity if you don’t file on time… for the second time!
In a LUPA decision dated November 4, 2020[1], the French Supreme Court specifies the consequences of a late filing of the #2746 tax form regarding the annual 3% tax on real estate in case of “recidivism” (“3% Tax“). The sanction, although severe but in accordance with the law, leads to the payment of the 3% […]
French Draft Finance Bill for 2021 – VAT Measures
You will find attached the analysis of the VAT measures of the 2021 PLF prepared by the Cabinet Arsene’s VAT team with the Taxand Service Line. In this document, the following measures are presented and discussed in detail, along with a practical analysis. 01- Implementation of a French VAT Group (Article 45 of the Draft […]
VAT election on the rents: a new way to opt
In a decision dated September 9, 2020, [1] the French Administrative Supreme Court confirmed [2] the possibility of exercising the option to subject rents to VAT on a lot-by-lot basis and no longer on a global basis per building or property complex. Principle: a global VAT option per building or property complex. As a reminder, […]
Betreuung privater Vermögen 2020 – Patrimonial Tax Seminar
Présentation de la fiscalité française patrimoniale à l’attention des (Ultra)High Net Worth Individuals („Standort Frankreich – Aktuelles für deutsche (U)HNWI“) Participation in a panel discussion on the taxation of beneficiaries of German family foundations who have their tax residence outside Germany („Begünstigte deutscher Familienstiftungen im Ausland : Keinmal-, Einmal- oder Doppelbesteuerung ? Case-Study mit Erfahrungsberichten […]