Real Estate Tax

For you to get the most out of your property developments and transactions, you will need in-depth knowledge on real estate taxes and on how to best run your projects. This isn’t something that can be learned overnight, however, so you should seek the help of a solicitor who specialises on the subject.

Real estate tax is a broad topic and covers many aspects of property deals and projects. Therefore, you will need a solicitor who has extensive experience in this field, from providing advice on developments to obtaining tax rulings from the authorities. A thorough understanding of how real estate operations work will also make the development easier to manage and significantly more profitable.

Real estate tax law doesn’t come without difficulties, so having a legal professional on hand will always be of great benefit to you. Over the years, we have helped numerous clients by providing them with advice on their real estate operations.

Our firm will assist you in:

Tax Aspects

  • Legal and tax analysis

  • Restructuring for a real estate transaction

  • Obtaining tax rulings from the tax authorities.
  • Purchase, sale and anticipation of problems related to the risks of requalification of real estate professionals.
  • Tax advice on real estate development

  • Transfer with reserves of real rights (usufruct, residential right, life annuity in particular)

  • Tax deductions for real estate costs

Operational Aspects

  • Search for customers and real estate transactions
  • Study of faisabilité́

  • Real estate expertise
  • Search for financing

  • Award of works

Example real estate tax cases we have worked on:

  • We have restructured the assets of several clients and obtained tax rulings (the transfer of real estate, parcels and buildings to a corporation) that have given them an approximate saving of CHF 80,000 per year.
  • Naray Law has advised on matters relating to the professional qualification of the sale of real estate property in Geneva in terms of IBGI (tax on profits and property gains).

  • We have carried out litigation against third parties in connection with the incorrect application of rules relating to the IBGI.

  • Naray Law obtained the cancellation of interest on the IBGI from the tax authorities (up to CHF 10,000).

We can advise you on the tax and operational aspects of real estate.

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