Specialization
Target audience
- Asset managers
- Lawyers
- Wealth management consultants
- Chartered accountants
- Notaries public
1 day
Prerequisites
Experience in real estate transactions is required, but expertise in taxation is not necessary
Objectives
◗ Identify the various structures in which a real estate investment company (SCI) can be used for rental properties.
◗ Analyze how rental income is taxed through a real estate investment company (SCI).
◗ Understand the tax implications of selling the property or shares in the rental real estate investment company (SCI).
Training program
◗ The purpose of a non-trading company and its tax consequences
– Purpose of civil law rental companies
– Cases of automatic corporate income tax liability:
• Engaging in certain activities
• Method of compensation for rentals
◗ Principles for determining the taxable income of transparent SCIs
- Preparing the 2072 tax return for both corporate and noncorporate taxpayers
- Impact of cash transfers to partners
- Non-resident partners
◗ The SCI's IS option
- Interest of the option
- Formalities
- Tax consequences
◗ Reporting and taxing income to shareholders
– The Principle of Tax Transparency and Its Impact on the Tax Status of Partners
– Impact of an Automatic Profit Pass-Through Clause
✔ APPLY | Case Study: Determining the Taxable Income of an SCI Based on the Type of Partners (Individuals, Corporations, or a Mix)
◗ Disposal of securities or real estate
– Calculation of capital gains realized by partners subject to corporate income tax and by individual partners
– Taxation of capital gains
– Considerations regarding whether to proceed via an asset deal (sale of the property) or a share deal (sale of SCI shares)
◗ The impact of ownership dismemberment
- Tax impact for usufructuary and bare owner
- Dismemberment of shares or property
◗ SCI rental income and VAT
– Taxable or Exempt Transactions
– Opting for VAT
– Procedures for the SCI to Reclaim VAT
– Implications of Opting for VAT
– Procedures for Reclaiming VAT in a Mixed-Use Building
✔ ASSESSMENT | Interactive end-of-session quiz to test your understanding of the key concepts covered during the training
Why choose this course?
The purpose of a real estate rental SCI is to acquire real estate properties for the purpose of renting them out. That said, tax treatment can vary significantly depending on the partners’ profiles and the tax regime chosen for the SCI. This training course provides a better understanding of how real estate rental SCIs operate, both in terms of rental income taxation and VAT. The course is led by a tax attorney specializing in real estate taxation.
Teaching and assessment methods
Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.
Teaching Methods: A variety of methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.
Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.
During the training: a mix of theoretical concepts and examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.
Monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.
Price
1 295 € EXCL. TAX
Testimonials
Jonathan C.
Company
Training