In this masterclass, Debbie Nye, explains the intricacies of the French Real Estate Wealth Tax. Key points covered include who is liable, the types of assets considered, and the market value assessment process. She discusses deductible debts, such as mortgages and outstanding renovation bills, and lays out the progressive tax rate bands. Debbie also highlights the 30% allowance for primary residences and the importance of timely, accurate filing to avoid penalties. She touches on the political landscape and potential future changes to the tax law, as well as strategies for mitigating tax liabilities, such as structuring purchases and utilizing company setups to share value among adult children. Finally, she emphasizes the critical nature of consulting with financial and tax advisors to navigate these complex rules effectively.