Focus on the IFI: Direct or indirect ownership?

Illustration article Focus sur l'IFI : Détention directe ou indirecte ? 

The real estate wealth tax can affect both residents and non-residents: However, a “resident” or “non-resident” taxpayer may hold assets in two different ways: directly or indirectly, which means that the basis of taxable assets is determined differently. 1 – DIRECT OWNERSHIP The taxpayer holds the real estate assets in his own name, rather than […]