SARF - Capital gains tax summary

Capital gains tax on property sales > Summary table

Individual, or individual shareholder of a company established in France

Non residents				Residents
Length of ownership over 15 years	Disposal price under 15K€?⁽¹⁾ (except disposals of shares)	Disposal price between 15K€⁽¹⁾ and 150K €⁽²⁾with or without capital gain	Disposal price >150K€⁽²⁾ with or without capital gain or exemption (except + 15 years)	If capital gain	If capital loss or length of ownership over 15 years
Form 2048
No	No	Yes	Yes	Yes	No
Tax representative
No	No	No	Yes	No	No

Rates of tax
Residents of the EEA⁽³⁾	Domiciled outside the EEA⁽³⁾, and not in an uncooperative country	Residents of uncooperative countries	Residents of France, (16% + 12.1%)
16%	33.33%	50%	28.10 %

Capital companies or corporate shareholder of SCI/partnership

NB: Exemption for length of ownership never applies

Non residents (no minimum threshold and even if no tax is due)			Residents
Established in the EEA⁽³⁾	Established outside the EEA and not in an uncooperative country	Established in an uncooperative country	Established in France
Form 2048
Yes	Yes	Yes	No
Tax representative
Yes	Yes	Yes	No
Rates of tax
Corporation tax rate	33.33%	50%	Corporation tax rate

NB: Rates of 19% and 16.5% for capital gains on disposals of shares of quoted companies with a majority of real estate assets and SIIC, made by companies liable for corporation tax, established in the EEA⁽³⁾.

(1) Calculated, for each sale, taking the value of the absolute title of the jointly-owned portion For SCI's: Total sales price
(2) Calculated for each joint owner. A married or common law couple is considered as a single joint owner. For SCI's and registered partnerships, the sum of the portions held by each of the non-resident shareholders is taken into account
(3) Except Liechtenstein, taxed at 33.33%