You sell a French property

All you need to know about CGT when selling your French property
You sell a French property superadmin 20 décembre 2022
The tax representative in France
We calculate your capital gain, or loss, and will remain liable for any tax audit.

Who do need a tax representative? waht is his function? How is CGT calculated? …

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 • Non-EU tax residents selling a French property above 150,000 euros and owned for less than 30 years
• Foreign companies selling a French company

He will then remain liable for this calculation during 4 years in case of a later tax investigation and would pay any tax and penalties that might occur.

The tax representative is calculating your capital gain tax and signs the official tax form (number 2048).

This explains why we are always very precise and professionals.

The French government created this function in order to make the capital gain tax recovery easier for the tax office in the case of non-EU tax residents.

You are a non-EU tax resident if your main tax residency is outside of the EU and declare your worldwide income there.

Yes, you’ll still have to appoint a tax representative for the sale of your French property if you are a non-EU tax resident and made a capital loss. Our fees would be less important in this case.

It would depend on the tax regime of your SCI :

If your SCI has chosen the corporate tax option you would not need to appoint a tax representative
If your SCI has chosen the income tax option and if at least one shareholder is a non-EU tax resident, you’ll have to appoint a tax representative

Yes, thanks to the “mandate de representation fiscale” we are allowed to speak directly to your notary and estate agent in order to make the process easier and smoother for you.

Yes, we would always send you the final amount to be paid before sending it to your notary and we would always take the time to explain you our calculation if needed.

Yes but only construction, reconstruction, extension and improvement works are deductible.

Renovation and maintenance work are not deductible.

You’ll be able to choose between deducting actual invoices or a 15% allowance calculated on the purchase price.

An explanatory video about this topic will be online very soon…

The CGT is the gross capital gain on which income tax and social charges rates are applied depending on the duration of ownership.

An explanatory video about this topic will be online very soon…

Who needs a tax representative?

 • Non-EU tax residents selling a French property above 150,000 euros and owned for less than 30 years
• Foreign companies selling a French company

What is the tax representative function?

The tax representative is calculating your capital gain tax and signs the official tax form (number 2048).

He will then remain liable for this calculation during 4 years in case of a later tax investigation and would pay any tax and penalties that might occur.

This explains why we are always very precise and professionals.

The French government created this function in order to make the capital gain tax recovery easier for the tax office in the case of non-EU tax residents.

He will then remain liable for this calculation during 4 years in case of a later tax investigation and would pay any tax and penalties that might occur.

This explains why we are always very precise and professionals.

The French government created this function in order to make the capital gain tax recovery easier for the tax office in the case of non-EU tax residents.

How do I know if I am a non-EU tax resident?

You are a non-EU tax resident if your main tax residency is outside of the EU and declare your worldwide income there.

Do I have to appoint a tax representative if I made a capital loss?

Yes, you’ll still have to appoint a tax representative for the sale of your French property if you are a non-EU tax resident and made a capital loss. Our fees would be less important in this case.

Do I need to appoint a tax representative if I sell a French property owned by a SCI company?

It would depend on the tax regime of your SCI :

  • If your SCI has chosen the corporate tax option you would not need to appoint a tax representative
  • If your SCI has chosen the income tax option and if at least one shareholder is a non-EU tax resident, you’ll have to appoint a tax representative
Is my tax representative related to my notary and estate agent ?

Yes, thanks to the “mandate de representation fiscale” we are allowed to speak directly to your notary and estate agent in order to make the process easier and smoother for you.

Can I contact you if I have questions about my capital gain tax ?

Yes, we would always send you the final amount to be paid before sending it to your notary and we would always take the time to explain you our calculation if needed.

Can I deduct the renovation work done on my property ?

Yes but only construction, reconstruction, extension and improvement works are deductible.

Renovation and maintenance work are not deductible.

You’ll be able to choose between deducting actual invoices or a 15% allowance calculated on the purchase price.

An explanatory video about this topic will be online very soon…

How is my CGT calculated?

The CGT is the gross capital gain on which income tax and social charges rates are applied depending on the duration of ownership.

An explanatory video about this topic will be online very soon…

Straightforward working procedure
Our process is as follows:
Quote

You provide us some information and we send you a quote.

Documents

We ask you to provide all the necessary documents that are needed to work on your case.

 

Gain calculation

Our expert calculates your capital gain.

Form

We prepare the capital gain tax form (2048), you sign and we send it to your notary.

But even more !

If you need any help with your annual property tax declaration, feel free to contact one of our tax declaration experts by visiting this website.

Are you a French tax resident or did you receive a French revenue? Our expert is ready to help you. Click here to know more.

Finding your way in the fiscal world is not always easy. Fortunately we can help you and advice you regarding your tax matters.