Taxation of non-residents in France: capital gains tax and accredited tax representatives
Background
Taxpayers who are resident or established outside France and dispose of French real estate for consideration (sales, exchanges, contributions to companies, liquidations, or transfers of shares or interests in real estate companies) may be required to appoint an accredited tax representative.
The accredited tax representative is responsible for completing the required tax formalities and guaranteeing the payment of the capital gains tax.
Non-resident individuals
An accredited tax representative is required when:
You are tax resident outside the European Union and the European Economic Area (excluding Liechtenstein)
The sale price exceeds €150,000
You have owned the property for less than 30 years
Companies
The obligation applies when:
The company’s registered office is located outside the European Economic Area
The shareholders are themselves subject to the obligation
Key issues
Poor management may result in:
Overpayment of tax
Tax risks
Delays in completing the sale
