Understanding and implementing
Target audience
- Lawyers
- Wealth management consultants
- Chartered accountants
- Estate agents
- Notaries
1 day
New training
Prerequisites
Real estate transaction experience is a must, but tax expertise is not a prerequisite.
Objectives
◗ Identify the cases in which the qualification of goods dealer must be retained and analyze the consequences of this qualification.
◗ Determining the taxable income of a property trader
◗ Complying with VAT rules for the sale of real estate by property dealers
◗ Applying the preferential registration tax regime for property dealers
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
- Undertaking to resell: advantages in terms of registration fees/consequences in the event of non-compliance
- Resale VAT option: stakes/benefits/consequences
- Calculation of VAT on resale: VAT on margin or VAT on total price
✔ APPLIQUER | Case study: calculating VAT on margin
✔ APPLIQUER | Case study: treatment of different cases of resale of a property over 5 years old by a property dealer.
◗ Real estate renovation project
- Distinction between heavy and light renovation
- Ways of limiting the risk to the property trader in these operations
- Commitment to build in the case of heavy renovation
- Resale conditions in the case of heavy renovation
✔ APPLIQUER | Case study: treatment of different cases related to heavy renovation operations
◗ Registration fees: preferential regime for property dealers
- Description of the preferential regime
- Tax consequences of non-compliance with the commitment to resell
✔ EVALUATE | End-of-session interactive quiz to test acquisition of key knowledge covered during the course
Why choose this course?
Transactions carried out by real estate agents can have tax implications on the determination of the transaction price. This training course will give you a better understanding of the various real estate transactions carried out by property dealers, and help you make the right choices when buying and selling.
The course is led by a tax lawyer specialized in real estate taxation.
Teaching and assessment methods
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