Understanding and implementing
Target audience
- Asset managers
- Lawyers
- Wealth management consultants
- Chartered accountants
- Notaries public
1 day
New training
Prerequisites
Real estate transaction experience is a must, but tax expertise is not a prerequisite.
Objectives
◗ Identify the different structures in which SCI de location can be used
◗ Analyze how rental income is taxed through an SCI rental company
◗ Understanding the tax implications of selling a property or shares in a rental SCI
Training program
◗ The purpose of a non-trading company and its tax consequences
- Purpose of non-trading rental companies
- Automatically subject to corporate income tax :
- Carrying out certain activities
- Method of remuneration 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 fiscal transparency and its consequences on the tax situation of associates
- Impact of an automatic profit-sharing clause
✔ APPLIQUER | Case study: determining the taxable income of an SCI according to
the nature of the partners (individuals, legal entities or mixed)
◗ Disposal of securities or real estate
- Calculation of capital gains realized by shareholders subject to corporate income tax and by individual shareholders
individual shareholders
- Taxation of capital gains
- The need to proceed via an asset deal (sale of the building) 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 operations
- VAT option
- How the SCI recovers VAT
- The importance of the VAT option
- VAT recovery procedures for mixed-use property
✔ EVALUATE | End-of-session interactive quiz to test acquisition of key knowledge
covered during training
Why choose this course?
The purpose of a property rental SCI is to acquire real estate for rental purposes.
That said, taxation arrangements can vary widely depending on the profile of the partners and the tax regime chosen for the SCI.
This training course will provide you with a better understanding of the different ways in which SCI real estate rental companies operate, in terms of both rent and VAT taxation.
The course is led by a tax lawyer specialized in real estate taxation.
Teaching and assessment methods
Before: self-assessment quiz
During the session : each point covered is accompanied by examples from real-life situations. Practical case studies and discussions during the sessions ensure that you have acquired the knowledge you need.
After the event: The trainer is available to answer any questions relating to the training.
Price
1 295 € EXCL. TAX
Testimonials
Jonathan C.
Company
Training
Preparing for the implementation of IFRS 18 [FHIF18]