{"id":296,"date":"2020-09-25T06:06:23","date_gmt":"2020-09-25T06:06:23","guid":{"rendered":"https:\/\/www.cac.net.in\/blog\/?p=296"},"modified":"2020-09-18T06:09:39","modified_gmt":"2020-09-18T06:09:39","slug":"what-does-it-mean-to-have-tax-consultation","status":"publish","type":"post","link":"https:\/\/www.cac.net.in\/blog\/what-does-it-mean-to-have-tax-consultation\/","title":{"rendered":"What Does It Mean To Have Tax Consultation?"},"content":{"rendered":"\n<p>Your heritage is made up of all of your\nassets. It can be real estate, professional heritage and\/or financial heritage.\nAs the assets are subject to tax, a tax advisor may be necessary.<\/p>\n\n\n\n<p>This advisor can be a wealth management\nadvisor, a notary, a tax lawyer depending on the objectives you set for\nyourself.<\/p>\n\n\n\n<p><strong>Tax\nadvisor: what is property taxation?<\/strong><\/p>\n\n\n\n<p>In property taxation, the tax advisor will\ndistinguish between two categories of taxes:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The real estate tax;<\/li><li>Taxes on income from savings\nand assets which are found in the annual income tax.<\/li><\/ul>\n\n\n\n<p>In general, the taxation of heritage is\nmade during the transmission of the heritage (donation, succession, sales) and\nperiodically when one is the owner of this heritage.<\/p>\n\n\n\n<p><strong>Tax\nadvisor: what is his role?<\/strong><\/p>\n\n\n\n<p>During your income tax return, the tax\nadvisor will help you declare several items, namely:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The annuity;<\/li><li>The securities, including\nincome or dividends subject to tax;<\/li><li>Taxable income produced by\ncapital gains on transferable securities;<\/li><li>The land revenue;<\/li><li>The capital gains on real\nestate sales tax.<\/li><\/ul>\n\n\n\n<p>In order to meet the advisor who will guide\nyou in the best way in your wealth management, you have to understand what will\nbe the goal of your tax optimization. <\/p>\n\n\n\n<p>When we talk about\nthe tax advisor, we are referring rather to the tax lawyer. Indeed, its role is\nto give advice, whether to companies or individuals.<\/p>\n\n\n\n<p><strong>What\nare the missions of the tax and wealth advisor?<\/strong><\/p>\n\n\n\n<p>The mission of the asset management advisor can be broken down into several goals, <a href=\"https:\/\/www.cac.net.in\/taxation\"><strong>tax advice<\/strong><\/a> on the one hand, but also make it possible to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Carry out a real estate\nproject;<\/li><li>Earn regular income;<\/li><li>Build up capital for a future\nproject;<\/li><li>Ensure the future of the\nclient&#8217;s spouse or his relatives;<\/li><li>Finance the studies of his\nclient&#8217;s children;<\/li><li>Prepare the transmission of\nheritage.<\/li><\/ul>\n\n\n\n<p>The first thing carried out by the asset\nmanagement advisor is the analysis of the asset situation of his client through\nan asset assessment. This tool helps the adviser&#8217;s client define their goals\nand needs.<\/p>\n\n\n\n<p>The asset manager will therefore issue\nrecommendations for his client on several aspects of his assets, in particular\nby offering him:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Of financial investments: life\ninsurance, provident, retirement;<\/li><li>Securities: stocks, securities;<\/li><li>Real estate values: rental management\n, purchase or sale of housing (houses or apartments), business assets ;<\/li><li>Other: purchase of works of\nart.<\/li><\/ul>\n\n\n\n<p>Its main goal is to maximize income from\nassets while keeping the level of risk low.<\/p>\n\n\n\n<p>The wealth advisor should also:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Inform his client about investments\nand opportunities likely to interest him;<\/li><li>Offer its client a tax and\nlegal framework corresponding to his profile and needs;<\/li><li>Be able to adjust advice if the\nclient&#8217;s situation changes.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Your heritage is made up of all of your assets. It can be real estate, professional heritage and\/or financial heritage. As the assets are subject to tax, a tax advisor may be necessary. This advisor can be a wealth management advisor, a notary, a tax lawyer depending on the objectives you set for yourself. Tax&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[75,96],"class_list":["post-296","post","type-post","status-publish","format-standard","hentry","category-tax-regulatory-compliance","tag-best-business-firm-in-delhi","tag-taxation-advisor"],"_links":{"self":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/comments?post=296"}],"version-history":[{"count":1,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/296\/revisions"}],"predecessor-version":[{"id":297,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/296\/revisions\/297"}],"wp:attachment":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/media?parent=296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/categories?post=296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/tags?post=296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}