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.
We have used Elitax.com for the past three years. At first we were unsure if a firm based in Paris, so far from us would be the correct thing to do. Our French language skills are limited but we had been assured (by other ex-pats) that our tax declarations would be simple and could easily be completed without engaging a professional firm. That is so far from the truth, it is almost a lie! We soon discovered just how the rules are littered with potholes ready to swallow the naive declarant whole. A very simple mistake, in entering our income in the wrong format, led to a very frightening tax investigation. At the conclusion of which we were just advised that our tax forms should be done by someone who knew what they were doing. Elitax were our saviours. Their advice and forms are simple to follow. The firm is efficient and are always available if assistance is needed. They ensure that you are fully aware of your responsibilities in relation to your declarations and they work well to ensure that submissions are made seamlessly. Their online client space is easy to follow. We cannot recommend Elitax enough.
For several years now I have consulted Elitax on tax advice and have entrusted Madame Rakotonoel with the preparation and submission of my annual tax returns. As a British expatriate moving to France I have found her advice and guidance invaluable on both a personal and professional level. Despite her busy schedule she has always found the time for a meeting or an exchange of messages to clarify specific points on tax matters and with generous help in the preparation of communications with the authorities where necessary.
Eliane Rakotonoel helped me solve a problem with my tax declaration quickly and efficiently. Her expert knowledge and advice saved me a great deal of time and anxiety. I highly recommend Elitax.
I have had the pleasure of working with Eliane at Elitax for the past three years. She makes what seems like a complicated foreign system for an expat straightforward, efficient and timely! Eliane and her team handle any questions or requests from the Impots Francais quickly and help put your mind at ease. While I am domicile here in France I will certainly be using Elitax services which come highly recommended!