Our discount rates
Discount rates applicable from 1 January 2021.
1.Real estate conveyancing
1.1Non-residential real estate (Article A.444-91, Article A.444-129 and Article A.444-131)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- From €10,000,000 to €20,000,000
- 10 %
- From €20,000,000 to €30,000,000
- 20 %
- From €30,000,000 to €40,000,000
- 30 %
- Over €40,000,000
- 40 %
1.2Residential real estate sales (Article A.444-91)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €15,000,000
- 0 %
- Over €15,000,000
- 10 %
1.3Contributions giving rise to property transfer tax (Article A.444-158)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- Over €10,000,000
- 40 %
1.4Universal transfer of assets, demerger and/or merger giving rise to property transfer tax (Article A.444-158)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- Over €10,000,000
- 40 %
1.5Property exchange (Article A.444-158)
- Transaction value
- Discount rate (per corresponding tranche)
2.Operations relating to financing and mortgage release
2.1Mortgage to finance a professional activity (Article A.444-139)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- From €10,000,000 to €30,000,000
- 20 %
- Over €30,000,000
- 40 %
2.2Deeds with a discharge (Article A.444-161)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- From €10,000,000 to €30,000,000
- 20 %
- Over €30,000,000
- 40 %
2.3Mortgage charges (Article A.444-136)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- From €10,000,000 to €30,000,000
- 20 %
- Over €30,000,000
- 40 %
2.4Operations relating to professional or non-professional financing for residential use
- Transaction value
- Discount rate (per corresponding tranche)
- Under €20,000,000
- 0 %
- Over €20,000,000
- 10 %
3.Leases
3.1Leasehold and assignment of leasehold (Article A.444-103)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- From €10,000,000 to €20,000,000
- 10 %
- From €20,000,000 to €30,000,000
- 20 %
- From €30,000,000 to €40,000,000
- 30 %
- Over €40,000,000
- 40 %
3.2Financing lease and assignment (Article A.444-130 et Article A.444-132)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- From €10,000,000 to €20,000,000
- 10 %
- From €20,000,000 to €30,000,000
- 20 %
- From €30,000,000 to €40,000,000
- 30 %
- Over €40,000,000
- 40 %
3.3Construction lease (calculated on all components) and assignment (Article A.444-104 et Article A.444-106)
- Transaction value
- Discount rate (per corresponding tranche)
- Under €10,000,000
- 0 %
- From €10,000,000 to €20,000,000
- 10 %
- From €20,000,000 to €30,000,000
- 20 %
- From €30,000,000 to €40,000,000
- 30 %
- Over €40,000,000
- 40 %