The tax representation of a non-resident: the specialty of TEVEA international

Any person resident outside the European Union who realizes a real estate transfer in France is required to appoint a tax representative to declare and fulfill his tax obligations in respect of real estate capital gains. The need for tax representation is required for transferors, natural and legal persons, but also for non-resident partners of French partnerships ceding an immovable and subject to income tax. For transferors, natural persons, the law provides for a waiver of a representative if the amount of the transfer is less than 150 000 euros or if the property belongs to him for more than 30 years.

The choice of representative is the discretionary power of the transferor, but it is nevertheless necessary that the tax representation of the non-resident be ensured either by the buyer if he is resident in France for tax purposes or by a credit institution which carries out Activities in France, or finally by a tax representative accredited by the DGFIP, such as TEVEA International.

The appointment of a tax representative must be in writing and include the following information: the names and addresses of the principal and the tax representative; The explicit acceptance of the designation signed by the latter, its commitment to fulfill the obligations incumbent on its principal and the date on which representation takes effect.