Real estate capital gain subject to 33.33 % in 2013 and 2014 must claim before the end of this year 2014 for lower taxation of French partnerships held by non-EEA residents ruled contrary to EU law
The French Administrative Supreme Court (Conseil d’Etat) ruled that a French partnership (eg. SCI…) held by individuals who are not residing in a European Economic Area (EEA) member country cannot be taxed, in regard to a capital gain resulting from the sale of an immovable property located in France, at a rate higher than the rate at which French partnerships held by EEA residents are taxed. CE 20 October 2014 n° 367234. In practice, the standard rate applied of the…