Law & Numbers - News Tax

FRANCE-LUXEMBOURG

10.03.2008 (France)

FRANCE - LUXEMBOURG - Tax treaty amendment – Real estate income

The new amendment to the tax treaty between France and Luxembourg provides that capital gains made on the sale estate located in France are taxable in France. As treaty does not refer to the French “preponderance immobilière”, Luxembourg vehicles may remain attractive.

For further information, Please contact Marylène BONNY-GRANDIL : marylene.bonnygrandil@altexisnet.com






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