Specialization
Target audience
- Lawyers
- Wealth management consultants
- Chartered accountants
- Estate agents
- Notaries
1 day
Prerequisites
Experience in real estate transactions is required, but expertise in taxation is not necessary
Objectives
◗ Identify the circumstances in which the classification as a real estate dealer must be applied.
◗ Analyze the implications of this classification.
◗ Determine the property investor's taxable income.
◗ Comply with the VAT rules governing the sale of real estate by real estate developers.
◗ Apply the preferential treatment for real estate developers with regard to registration fees.
Training program
◗ Property dealer qualification
- Qualifying as a property trader: different ways of taxing capital gains
- Analysis of case law on the status of property trader
- Legal structures that can be set up to operate as a property trader
◗ Taxation of real estate profits made by property dealers
◗ Reminder of real estate tax rules
- Scope of VAT: identification of transactions subject to VAT by property dealers
- Reminder of VAT regularization rules: calculating residual VAT at the time of sale of the property
- Sale of real estate as part of a universal transfer of assets (article 257 Bis CGI)
◗ Transactions carried out by property dealers
– Commitment to Resell: Benefits Regarding Registration Fees / Consequences of Non-Compliance
– Option to Charge VAT on Resale: Issues / Benefits / Consequences
– Calculating VAT on resale: VAT on the margin or VAT on the total price
✔ PRACTICE | Case study: calculating VAT on the margin
✔ PRACTICE | Case study: handling various scenarios involving the resale of a property over 5 years old by a real estate investor
◗ Real estate renovation project
– Distinction between major and minor renovations
– Ways to limit the property investor’s risk in these transactions
– Commitment to build required in the case of major renovations
– Terms of resale in the case of major renovations
✔ APPLY | Case study: handling various scenarios related to major renovation projects
◗ Registration fees: preferential regime for property dealers
– Description of the preferential tax treatment
– Tax consequences of failing to comply with the resale commitment
✔ ASSESSMENT | Interactive end-of-session quiz to test your understanding of the key concepts covered during the training
Why choose this course?
Transactions carried out by real estate developers may have tax implications regarding the determination of the transaction price. This training course provides a better understanding of the various real estate transactions conducted by real estate developers and helps participants make the right decisions when buying and reselling properties. This training 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