International taxation of heritage: organizing, transmitting and preserving value across borders

An international heritage is not active by asset.

Real estate, financial portfolios, holdings, holding structures and family assets may be subject to several jurisdictions, each with its own taxation, transmission and valuation rules.

The difficulty is therefore not only to know the taxation applicable in each country. It consists of: organise the entire heritage in a coherent way to avoid extra costs, double frictions and fiscally sub-optimal property decisions.

Thinking of heritage as a global architecture

The same family may own property in France, securities in a foreign company, financial accounts outside France and consider a transfer to a third country.

In this type of configuration, the choices of possession, location and transmission must be analysed together.

The firm is studying how different jurisdictions interact to identify structures and arbitrations that can legally reduce the overall tax burden while maintaining the flexibility to invest, divest or transmit.

The fiscal strategy must anticipate the next steps in the heritage

A relevant organization today must also be valued for what follows: change of residence, transfer of an asset, reinvestment, donation or succession.

It is precisely this long-term vision that transforms taxation into a real tool for heritage management.

Master Edouard Pruvost specializes in consulting on international tax strategy for wealth. The firm builds tailor-made analyses to identify the most efficient structures and preserve the net worth of assets exposed to multiple jurisdictions. To have your heritage organization analyzed and to benefit from tax strategy advice, contact the firm.