May 21, 2026
14 Pyramides Notaires hosted a presentation on the Code des impositions sur les biens et services (CIBS), the French Code governing taxation on goods and services, and its implications for VAT treatment in real estate transactions.
Led by William Stemmer, lawyer at CWS Avocat, the session provided insight into the objectives of the reform and its practical implications for real estate professionals.
The recodification forms part of the process of aligning French legislation with the European VAT Directive. It also introduces changes to the structure and terminology of the applicable rules, making a thorough understanding of these developments essential to the tax treatment of current and future real estate transactions.
Discussions also addressed the next stages of the reform, including published tax rulings, amendments to the relevant ordinance, forthcoming regulatory clarifications, the Finance Act and updates to the official French tax guidelines (BOFiP).
The presentation highlighted the importance of rigorous legal and tax monitoring, as well as forward planning when structuring real estate transactions. Understanding changes to the tax framework and assessing their operational implications are essential to providing effective support to professionals and helping secure their projects.
14 Pyramides Notaires thanks William Stemmer for his clear and informative presentation, as well as all participants for the quality of the discussions. These issues were also part of the wider work on recodification scheduled to be addressed at the French Notaries Congress in September 2026.
