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.
As an American/French couple living in France, we really had no idea what to do when it came to dealing with our newly conjoined taxes (both American and French), so we are eternally grateful to Elitax for their help. They not only did a magnificent, efficient job with our taxes and with answering our many, many questions, but also they reached out to their contacts on my behalf to help with setting up my own French business. We really could not recommend them highly enough to anyone searching for a truly trustworthy and highly capable team that will take good care of their taxes.
After many disappointing experiences with so called “bilingual accountant,” I was finally introduced to Eliane. She understood my situation as an owner of the second house in France and my tax position as a UK citizen straight away and helped me towards the right direction. Apart from the efficiency and accuracy of her work, I also appreciate her friendly and caring approach very much. I used to find the French tax declaration on my rental business as a burdensome duty but now with Eliane, it has become much less of a burden! I highly recommend her firm to anyone who, like me, not very competent in French to deal with the complicated tax issues in France.
As a retiree, I strongly recommend Elitax’s services. I much appreciated their personal touch, the attention to detail and the excellent value for money they have provided. They have really taken a lot of weight off my mind.
I really appreciate Eliane’s international expertise and the English language skills. Despite me being based in another country, Eliane always provided timely feedback and followed up with me to meet the necessary deadline. For me the Elitax team is the modern, professional advisory team with the international expertise. I rely on their support.