IFI Alert: Restrictions on the deductibility of debts when valuing company shares
The real estate wealth tax (hereafter “IFI”) is a tax payable by individuals whose real estate assets, assessed at the level of the tax household, exceed €1,300,000 on January1 of the tax year. Individuals domiciled in France for tax purposes are subject to the IFI on all their real estate assets and rights located in France or abroad, as well as on their shares in companies established in France or