IC Avocats assists real estate developers, investment funds, listed real estate companies, users, banks, and insurers in optimizing their transactions and asset management.
Investment Tax Structuring
IC Avocats assists real estate companies and users in the tax structuring of their real estate investments.
Our practice includes in particular:
- Determination of the choice of location of international investment companies
- Structuring of real estate investment funds
- Modeling of post-tax cash flows
- Tax structuring of divestment transactions
- Division of bare ownership and usufruct rights of real estate assets
- VAT management.
Real Estate Development
IC Avocats assist real estate development companies and property traders in tax planning for their operations.
Our practice includes in particular:
- Planning for the acquisition of land or buildings in terms of VAT and registration duties
- Tax ruling request regarding the qualification as a new building for VAT and transfer tax purposes
- Requests to extend the deadline of the commitment to achieve a new building
- French Development tax (“taxe d’aménagement”)
- French office premises development tax (“redevance pour creation de bureaux en Île-de-France”).
3% tax on the value of properties held in France
IC Avocats assists real estate companies and investment funds in complying with the reporting obligations required to be exempt from the 3% tax.
Our practice includes:
- Audit of the declarative scope
- Preparation of annual 3% tax declarations
- Voluntary regularization process of companies that have not complied with their reporting obligations.
Local taxation
IC Avocats assists real estate companies and users in monitoring and improving their exposure to local taxes.
Our practice includes:
- Audit of local property values and areas used in calculating property taxes
- Audit of annual tax on offices and parking spaces
- Audit of housing tax and tax on vacant premises
- Refund requests