Treaty shopping et societes relais : l'investissement immobilier aux etats-unis par l'intermediaire de societes holding-filiales des pays-bas et des antilles neerlandaises
Institution:
Paris 12Disciplines:
Directors:
Abstract EN:
Foreign investors may find it advantageous to organize a foreign corporation to own their interests in us real estate. Such an investment is planned in order to enjoy attractive local law as well as incentive tax treaties. In this purpose, it is particularly useful to incorporate a base company in a tax haven (netherlands antilles) or in a home country which provide favourable tax treatment for holding companies (netherlands). In this way, investors may also attempt to get profit of the tax treaties signed between the netherlands, the netherlands antilles, the united-states. However, us tax opportunities have been reduced substantially by the dispositions of a new statute (firpta) and the growing us hostility against treaty shopping. Accordingly, tax planning for foreign investment in us real estate has been elevated to a higher and more complicated level than before. The purpose of this thesis is to point out several planning considerations which may reward further attention by the investors who use netherlands or netherlands antilles companies, as well as to indicate tracks that they may be wish to avoid.
Abstract FR:
D'un point de vue fiscal, il est interessant d'effectuer des investissements immobiliers aux etats-unis par l'intermediaire d'une societe etrangere. Une telle demarche a pour objectif de tirer le meilleur parti des legislations nationales et des conventions fiscales existantes. Les pays-bas et les antilles neerlandaises accordent, a cet egard, un regime fiscal particulierement favorable aux societes holding financieres localisees sur leur territoire. D'autant que ces societes beneficient generalement de l'application des conventions fiscales conclues entre les etats-unis, les pays-bas et les antilles neerlandaises. Toutefois, concernant l'impot percu aux etats-unis, les avantages fiscaux ont ete sensiblement reduits - a la fois par la recente legislation fiscale immobiliere americaine (firpta) et par l'accentuation du controle, aux etats-unis, du "recours abusif aux conventions fiscales " (treaty shopping). Cette etude a pour objet de faire le point de la situation. Elle tente de signaler les nouveaux pieges fiscaux qu'il convient d'eviter, ainsi que les "creneaux fiscaux" decouverts, ou construits, par une strategie fiscale internationale reajustee, mais toujours bien fondee sur le recours a des societes etrangeres des pays-bas et des antilles neerlandaises.