Changes on the French Wealth Tax

The French government has announced new changes on the Wealth Tax which are expected to be adopted by the Parliament by mid July at the latest. A quick review on these changes…

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The Equity Release as a solution for French civil code company’s owners?

Refinance your current account into a real debt by way of Equity Release…
The Equity Release’s offer concerns you personally or could be interesting for your contacts, if you are looking for a solution regarding the future changes in French tax legislation (Finance Act 2011).
Indeed, for those holding their property through an SCI (‘Société Civile Immobilière’ — civil code company), the loan account treatment will be changed. The French inland revenue draft finance act considers disallowing shareholders current accounts (this does not mean bank loans) as a deduction for wealth tax purposes for non-residents of France. Thereby, the Equity Release could be a solution…

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Trusts vs Taxation: the upcoming French tax law (First overview of draft legislation)

Future changes regarding Taxation of the assets or the rights of a trust to wealth tax and transfer taxes where there is no consideration.
Update 10 June 2011:
The article 6 of the finance bill rectified of 2011 aims to confirme and complete the tax legislation concerning trusts and legal comparable structures of foreign comparative law and transfer taxes for gifts and wealth tax.

> Read Me Patrick Michaud and Robert Anthony’s article…

The “Insurance Wrapper”, an effective solution to protect my financial assets

The Insurance Wrapper offered by Luxembourg is one of the most powerful means currently available on the market to optimise the assets of our clients.  The protection of our clients’ assets is strengthened.  Taxation and estate planning are optimised.  Finally, Luxembourg’s financial expertise is tried and tested.

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Anthony Investments • Zoom in our property selection…

A magnificent villa in the heart of Cannes…
In Cannes, elegant refurbished town house of 350 sq.m. This beautiful property is situated in a exclusive residential area, 5 mn walk to the beach and 8 mn to the centre of Cannes. It boasts a 1,350 sq.m landscaped garden with square swimming-pool. It consists of six bedrooms each with ensuite bathrooms, a superb lounge with fire-place, an ultra modern kitchen, a games room, an office and guest toilette. Reversible heating (summer/winter). Two large garages and parking space. Energy performance : N/A
Price: € 2,500,000 – Ref. 06111SP1101

Director of Publication: Robert Anthony • Layout/Editing: Zakia de Medeiros

Disclaimer: this document is not contractual. This document has been written by Anthony & Cie according to our interpretation of the law text on the day published, and is limited to the information available to the practice.  The reader must take into account that the implementing decrees and the administrative instructions have not yet been published. We have taken all reasonable care to ensure that the information in this document is reliable but neither Anthony &Cie, employees or representatives make any guarantees, warranties or representation, either express or implied, as to the accuracy or completeness of the information contained in this document. Anthony & Cie takes no responsibility for the content or any decisions or actions taken without their express written advice • All rights reserved

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