14 December 2023
Publication
The 3% tax on the market value of buildings
The 3% tax on the market value of buildings, introduced in 1982, now applies to all entities, French or foreign, in an ongoing effort to prevent tax evasion in the property sector.
Our partner, Marine Dupas, and associate, Célia Rochette, took a closer look at this notable tax. In their article published in the journal Fiscalité Internationale, they examine its characteristics, its practical application and the key rulings that determine its application, highlighting its scale and deterrent effect.
Read the full report on “Real estate and international taxation” here.
