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Property Investment

 
Stéphanie Monnais-Michel lawyer in the law firm Magellan (Mazars) takes us through the tax issues of buying property in France
 
For many British companies and individuals the French property market continues to be attractive in value terms despite recent growth. However buying French property is not as simple as it may seem and the pitfalls are manifold. I have set out below some tax consequences for a British company holding — either directly or indirectly — property in France but with no permanent establishment or other commercial or industrial activity there.
Purchase Of Property
 
Irrespective of the nationality of the buyer the purchase of a property is normally subject to either VAT...

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