Meldingsplicht voor huurvergoedingen: formulier 270 MLH in Biztax

If you own property in France, you are undoubtedly familiar with the Taxe Foncière. This annual tax is levied on both developed and undeveloped properties. Notably, this year, the tax has risen by at least 3.9% compared to last year.

At the end of 2023, the European Commission raised the threshold values for the size criteria for companies and groups, in response to the high inflation rates of recent years. These increased thresholds have now also been incorporated into Belgian law.

What happens when a property that has been considered a fixed asset for more than five years prior to the sale, undergoes renovations that were completed less than five years ago? Can the taxation of the capital gain from these renovations also be spread?