Greenbull Investments Sarl
Back to French tax, the exit tax video was apparently just the warm-up. Yann's new one covers démembrement: the technique notaires know by heart and almost nobody else in France actually understands. One picture: Jean-Claude, 55, a €400k house, one kid. Do nothing, and the kid one day inherits a €58,000 tax bill, and if he doesn't have €58k sitting around, he gets to sell the house in order to keep the house. Or: one signature at the notaire today, nothing about Jean-Claude's life changes , same house, same income from it ,and the bill drops to €18,000. Then one line in the tax code lets him make even that his problem instead of the kid's. Start early enough and the whole number is zero. How it works is the video: www.youtube.com/watch?v=cige5YuSLmM&t=3s It's in French, subtitles do the rest. And it's not just properties : the same mechanism works on company shares, holdings, even a brokerage account.
Not investment advice. The author may have financial interests in the mentioned instruments.
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