The tax aspects of real estate are particularly complex, and a thorough knowledge of how the tax system works is essential to the success of any real estate project. Here are a few examples:
LOT DIVISION
Simply dividing a parcel of land into several lots exposes the transferor to issues of VAT on the margin or on the total price, which consequently affects the profit from the transaction.
PROPERTY TRADER (MARCHAND DE BIENS) TRANSACTIONS
A simple property trader (marchand de biens) transaction involving renovation work may entail registration fees, VAT on margin, or VAT on the total price. The tax regime may also have an impact on the ease of sale, for example, by affecting zero-rate loan (PTZ) eligibility.
LEASING
A frequently used method of acquiring commercial real estate, leasing involves a complex and formalistic tax regime. Poorly planned exercise of the purchase option may place the lessee in financial difficulties, and improper handling of tax-related issues may expose the lessee to disastrous consequences.
Relying on the expertise of specialized attorneys, OFFIM OPERATIONS CONSULTING will help you make the right choices and deal with any existing tax issues.