This is bad news for those who are preparing to declare their property wealth tax (IFI). They may have to pay more. Taxpayers typically apply a 30% discount on the value of their principal residence. This reduction has the effect of lowering the tax base. It can allow tax to be avoided, the triggering threshold of which is set at 1.3 million euros, or reduce the bill. At the start of the year, the Constitutional Council clearly came to limit the terms of this discount. Individuals who have housed the house or apartment they occupy in a real estate company (SCI) cannot claim this reduction.
Read also: Tax on property wealth: assess your assets as accurately as possible
The wise men estimated that the associates of a SCI do not have the rights attached to the quality of owner because it is the company which holds the inheritance. This decision of January 17, 2020, in response to a priority question of constitutionality, comes to settle a debate which lasts
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