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.
Eliane and her team have been preparing my tax returns and guiding me through the complexities of dual taxation (USA-France) for the past four years and I couldn’t recommend them highly enough! I first contacted Elitax two weeks before tax deadline, when I had been let down by another company. Eliane took the time to understand my situation and left me confident that she would take care of everything. And she did! Aside from Eliane’s comprehensive technical knowledge and impeccable English, she has the rare gift of being able to convey her knowledge in a way that an average human being can understand. In addition, I always appreciate Eliane’s calmness and patience and the personal interaction that she is always ready to provide.
The tax law is admittedly complicated for a foreigner living in France, it is comforting knowing that a professional like Eliane and her team are on the job. They delivered on all aspects; alwaysprofessional, client focused and with a smile on their face. A pure pleasure doing business with Elitax!
Represents a personal tax service that most of us require in this complicated world of technical electronic advancement and continual tax legislation changes. On my first introductory interview I was impressed by the personal and warm relationship the company’s ambiance engendered; important when dealing with tax matters.
Very friendly and helpful people, quick answers and good work – Thank you