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société fiscalement immobilière

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10:26 Feb 10, 2012

French to English translations [PRO]
Law/Patents - Law: Taxation & Customs / Transfer tax on property

French term or phrase: société fiscalement immobilière

This phrase comes in a tax code relating to property sales.

"Le droit de mutation a titre onereux d'immeubles s'applique egalement aux mutations a titre onereux d'actions ou interets d'une entite fiscalement immobiliere..."

"Cependent, si la societe fiscalement immobliiere est egalement proprietaire d'un fonds de commerce ... la mutation a titre onereux sera soumise pour partie au droit de mutuation a titre onereux d'immeuble..."

"Est consideree comme 'fiscalement immobiliere' .. la personne morale... comptant au nombre de ses actifs un ou plusieurs immeubles..."

I think it means a company or entity that is a real estate property company/entity for tax purposes or under the tax system. Grateful for any help.

Mark

Mark Hobbs KudoZ activity Questions: 9 (1 open) Answers: 12
Local time: 19:38

Summary of answers provided

4 +1

real estate property company for tax purposes

Mark Hamlen

Discussion entries: 4

Answers

2 hrs confidence:

peer agreement (net): +1

societe fiscalement immobiliere real estate property company for tax purposes

Explanation:
You're right, it is a company that is a real estate property company for tax purposes. (There is a special class of companies in French law.)

Mark Hamlen
France
Local time: 20:38
Works in field
Native speaker of:

English
PRO pts in category: 4

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Changes made by editors

Feb 10 - Changes made by Yolanda Broad:
Term asked	societe fiscalement immobiliere => société fiscalement immobilière

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