In the field of individual taxation, the new Finance law for 2017 introduces, with effect as from 1 January 2018, a withholding tax mechanism in France for the taxation of individuals’ revenues. This mechanism will have a direct impact on holders of shares in real estate funds due to the implementation of a monthly or quarterly tax prepayment on real estate income whether deriving from bare leasing or from commercial furnished rental.
The new withholding tax system and its impact on holders of shares in real estate funds
