Filling out a French real estates wealth tax return can be tricky if you’ve never filled one out before, or if you’ve only recently fallen into the tax bracket. That’s where Elitax can help.
We’ll look at your circumstances during our free initial 30-minute consultation, identify your needs and help you write up a watertight wealth tax return.
Using our simple five-step process, we make tax returns simple, regardless of the complexity of your situation. Our process for the real estates wealth tax return service is as follows:
We guarantee all real estate wealth tax returns prepared by us, as long as these are submitted without any alterations to the final versions we fill out. We do not guarantee real estate wealth tax returns in cases where information has not been supplied or has been incorrectly given or withheld.
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 you are in this situation, you must file an annual real estate wealth tax return with the French Tax Administration — and Elitax is here to help you with exactly that.
To fill out your wealth tax return, you need to know which category you are in first. If you’re unsure where you lie, please feel free to contact us and we’ll help you find out.
Category 1 – You earn no income and your real estate wealth exceeds €1,300,000 but is less than €2,570,000:
You only need to file a French real estate wealth tax return.
Category 2 – You earn income and your real estate wealth exceeds €1,300,000 but is less than €2,570,000:
You need to file an integrated income and real estate wealth tax return.
Category 3 – You earn income and your real estate wealth exceeds €2,570,000:
You need to file two returns (an income tax return and a separate real estate wealth tax return).
We’ve helped hundreds of clients resolve their tax issues.
As an expatriate, surrounding yourself with a set of professionals is of vital importance. Eliane guided me from my arrival to my departure through the complicated French fiscal systems, I felt in the best hands, never had any issues with the tax authorities. Eliane’s patience and service are second to none. Even today, after 2 years of my departure from France, I keep Eliane as a contact and ask for her advise which she offers at a very reliable speed. I highly recommend using Elitax as your tax parter.
ELITAX has provided excellent service for me for several years on both the French and the USA returns. In addition to her expertise in national and international tax law, Eliane Rakotonoel provides the additional – invaluable! – dimension of full customer service, attending promptly and personally to any questions and concerns that may arize during all phases of the return process. I do not hesitate to highly recommend ELITAX to anyone interested in working with a highly competent tax specialist who will also assure personal attention to your needs!
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.
As an Australian working in France I found the French Tax system somewhat daunting. I first approached Elitax three years ago when confronted with an Audit from the French Tax Office. With a number of investments in my home country this was a daunting task. Eliane and her team worked tirelessly to help me provide the 3cm thick file of paperwork and submit the request on time. During the preparation Elitax uncovered that I had been made an error during the two years under audit and I was due a small refund! I have been a client of Elitax ever since, even after returning to Australia. If you need to navigate the vagaries of the French Tax system I highly recommend Eliane, Stephanie and the team at Elitax.