Sales of property or rights to property by non resident sellers
All capital gains (or profits) realized on selling property or rights to property situated in France are taxable in this country, even if the sellers are non residents – individuals or companies – (244 bis A).
Except for transfers of property, including the transfer of shares of property companies acquired over 15 years ago, for which there is no longer any taxation, all other cases entail a calculation of the tax based on the length of time the property has been owned, on the amount of the capital gain and the legal status of the seller. If the seller is a company the calculation and rate are different.
When the seller is not resident in France, he must appoint an authorized fiscal representative who will prepare and control the components of the cost price and the sales price, in order to calculate the actual capital gain and the amount of the tax. The appointed fiscal representative is responsible for the declaration and the payment of the tax.
La Représentation Fiscale has a general authorization for that and is thus capable of handling the preparation and registration of the capital gains tax declaration.
The conditions of our set up and the taking in to account of the file are usually very simple.