Individuals who are tax residents of France, regardless of nationality, are subject to real estate wealth tax if the value of their worldwide real estate assets is over €1,300,000
If your clients are in this situation, they must file an annual wealth tax return with the French Tax Administration. Elitax is here to help them with their real estate wealth tax return.
Category 1 – They earn no income but their real estate wealth exceeds 1 300 000 euros but is less than 2 570 000 euros: They need to file only a French real estate wealth tax return
Category 2 – They earn income and their real estate wealth exceeds 1 300 000 euros but is less than 2 570 000 euros: They need to file an integrated income and real estate wealth tax return
Category 3 – They earn income and their real estate wealth exceeds 2 570 000 euros: They need to file two returns (an income tax return and a separate real estate wealth tax return)
We guarantee all wealth tax returns prepared by us as long as these are submitted without any changes. We do not guarantee real estate wealth tax returns in cases where information has not been supplied or has been incorrectly given or withheld.
We’ve helped hundreds of clients resolve their tax issues.
“Excellent, friendly, bilingual service for those with French tax problems or wanting advice. I can personally recommend Elitax.”
I have used the Elitax services for two years now, and my taxes have always been done in a timely manner. Even though I have had challenges with the personal taxes in France, due to different sources of income from abroad that needed to be declared, the team offered professional advice on what to do to get the situation resolved. I am very pleased with the service and the professionalism, especially they provided valuable advices that provided significant tax savings. Thus, I recommend their service to anyone who’s looking for great customer service and a great tax preparer, especially for expats living in France.
In my dealings with Elitax I have found them to be open and honest. I was impressed by their knowledge and above all their professionalism. They are also nice people to deal with.
Very reactive and efficient service – helped me navigate the complexities of the tax system in France after my work move