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.
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.
Elitax was referred to me a couple of years ago, where I first met Eliane. Being a new Impatriate to France, Eliane was excellent in easing me into the ways of the French tax system, appropriate to my situation. Her clear explanations, obvious great knowledge of the subject and generosity with her time and effort has made life so much easier than it could have been. I have to say that whenever I have needed to call upon Eliane she has responded promptly and I can definitely say she ‘goes the extra mile’ to help. If anyone needs tax advice as someone coming into France then I advise them to contact Eliane. I am very happy to endorse Elitax.
I am a U.S. citizen living and working in Paris. Navigating the French tax system as an expatriate can be overwhelming. Elitax took all of the stress out of preparing and filing French tax returns. They understand the needs of expatriates and made the process very easy. They were thorough in preparing my tax forms and very prompt in responding to my questions. Their reliability and expertise make them easy to recommend. Thank you Elitax!
“Elitax gave me honest and clear advice, which has proved very helpful. I have recommended them to my expatriate friends.”