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.
When I was appointed to my job at the headquarters of my company in Paris, it was a big change in my life. A new country, a different culture, totally different ways of life and practices… Luckily, my company had already taken care of this and agreed with some consultant companies to support me in various aspects of this change. Elitax was my consultant on tax subjects. As I learned during my stay in France, tax is a very heavy subject and you cannot survive alone as an expat if you don’t have proper support. That’s where Elitax, i.e. Eliane and her team, come into the picture: They made a very thorough presentation of the tax system in France. I learned clearly my responsibilities and consequences of failure to comply with the requirements. They used their expertise to support me in the preparation of my tax declaration, relations with the authorities, representing me in the tax related communications with the authorities, both during and after my stay in France. I even remember being supported by Elitax team to understand the yearly French obligation to pay tax if you own a TV set at home! Oh, those were the days! Finally, I would like to thank Eliane for her support. She was one of the good people who made my life easy during my stay in France.
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.
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.