Real estate glossary
Real estate wealth tax (IFI)
Annual tax payable by households whose net property assets exceed a threshold set by law on 1 January. Debts relating to the properties and certain allowances, notably on the main residence, are taken into account.
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General definition provided for information only. The rules that apply depend on your situation, the country and the law in force: check them with a professional (notary, lawyer, estate agent).