It’s a classic question most of us ask ourselves every day in a variety of contexts. Boils down to this: what I can afford and how much can I invest? In the discussion on risks in options trading, we must be aware that these options is one of the many investment mechanisms.

The diversification of binary options portfolio

The first lesson for young or experienced investors to diversify your portfolio of binary options by profinances – portail options binaires en ligne. We learn that, as small children when we are taught not to put all eggs into one basket.

As such, the decision about our entry into binary options will have to take into account also other investment mechanisms available in the market.
Our general attitude to invest will also factor in the business for the answer to this question. If we want to reduce the risk of, online options trading can be a lot better than buying the underlying assets.

Own budget investing

We know how much we have free cash. We also know how we would feel if we invested about a little of our money in the risky operations. Even if we can sleep with such a situation, we know how we would feel if there us a large part of our money.
There are some people who literally can afford only an amount of $ 100 to invest in options at the best broker courtier option binaire 24option , and maybe less. This happens when for example. you pay for the apartment rental, installment loan or insurance and other day-to-day expenses, and you need to save for the future.
A lot of people who have never invested in financial instruments and now want to start work in binary options, you can see that they can do without luxuries that previously thought necessary. This may include clothes, entertainment, cable tv, vacations, private car and others.

Professional Tip for trading strategies

Financial advisors take into account all your financial assets before You ask about the amount you should invest. This Fund can decide how much will be invested, in which the instrument is just one of the options.

All advisors recommend to Watch Your expenses for a period of time. Use the word “expenditure” than costs “, because many costs are regular and not easy to pass up. Expenditure is given money, sometimes it may be wasted in the context of Your desire to invest and build something bigger.
When you monitor binary trading, it is best to keep a diary of all these expenditures. It is also good to keep all the Bills. At the end of the period, summarize your profit from all sources and invest is due to expenditure. The remaining difference is the sum which you can invest.

A summary of best online trading stocks

No one can say for sure how much you should put in your trading portfolio. However, there are a few rules you should stick to.
Never invest money in which a loss You can’t afford. It boils down to getting an anyoption bonus for binary options trading assets ob one of the biggest advantages of virtual options, that is, you can invest up to 5 dollars.

anyoption bonus

Never over invest. The symptom of this is that you press to buy the next option on the assets that ended his life.
Diversify. Stocks and don’t do it anymore. This principle of Cardinal all investment plans. Virtual options is a great tool-you can invest in stocks, currencies, commodities, indices, debt instruments without the need to invest large amounts of money.
Do you want to live well now or in the future. This question is related to how much money you waste on luxuries “, from which you can opt-out or in which you can’t.
And at the end, the goal of investing is to increase money to money for you work. Investing should be long-term process even when specific operations are short. You need a lot of patience to see how money multiplies by trading and investing online.

Investor competition

In the context of the investor competition, which started on 15 February and will end on Friday, May 13, we regularly present a trading product. Today: CFD


CFD is an acronym for contract for difference. The product is born in the nineties in Britain, to avoid a tax. It is a contract between two parties: investor-a person who makes an offer, the stock exchange broker. The two parties undertake in a speculation on the direction that an underlying value stream will take. You can sign a contract with a long position (the course will increase) or a short position (the course will drop). The underlying value may be an action, but also a currency, stock index, a commodity or an interest rate.

A CFD is a derivative because the value is derived from the value of another active. The term difference represents the difference in value that the assets between the time where you start the bet and when you turn it off. If you win the bet that the price has moved in the right direction, the broker must pay you gain. If you have failed, in this case, you must pay the loss to your broker and you see the balance of your account decrease.

Bet with a leverage effect

The main feature of a CFD is its leverage effect. You can, with a limited bet, win the increase or decrease of total value. Imagine that you anticipate an increase in the stock of Bekaert. Your CFD broker etoro displays 27.10 and 27.15 euros as courses for sale and courses to the purchase, the price at which he wants to conclude a contract with a short position and a long position. As you go higher, you take a long position. You place a bet on 1000 shares. You can freely determine this quantity. If you bought the shares les options binaires, it would cost you 1000 x 27.15 euros = 27.150 euros (excluding postage). If you purchase a CFD contract with a long position, you work in this case by a margin of position and you must book only a fraction of this amount for your bet.

The type of lever with which you can work depends on the broker. Some allow a margin of 5%, others – such as Lynx – allow 12.5%. If the minimum margin is 5%, you can subscribe this order betting 5% of 27.150 euros, or 1.357,5 euros. This amount is blocked on your account. It is also the maximum amount that you can lose. As soon as the course down 5%, you lose your bet. If the action increases by 10%, you earn in this case 2,715 euros, which represents a gain of 200%.

High risk

The great advantage of this product is that you can adopt significant positions in the market with limited means. You can very easily speculate on a move at the drop of an asset, which, in Exchange, is almost exclusively to the scope of institutional investors. CFDs also offer the ability to play very short on the ball. As you adopt positions on almost all of the underlying values, the financial world as a whole becomes your playground. You can taste the world of professionals.

But there are also many disadvantages to CFD, which are high risk products. If prices vary greatly, you very quickly lose the entirety of your bet. You are obliged to follow almost constantly open positions, certainly those with a significant leverage effect. There’s also a counterparty risk. The broker may exaggerate his hand and to no longer be able to meet its payment obligations.

This is not a sinecure to be beneficial long-term with the CFDs. single a trader in ten it would succeed. It is very difficult to consistently beat the market in the short term. More than the margins are narrow – and at least you wager your own money – more than it becomes difficult. Because of the high risk, CFD are not within the reach of the investor ‘good father’. The likelihood is great that you may lose your money.

Liquid shares

In Britain, the birthplace of CFD, there are dozens of brokers. Each market maker is determines its offer and its conditions as seems it, as the leverage effect and costs. In Britain, these products focus primarily on British and U.S. equities, as well as on major European values. For a Belgian investor, this is not so interesting. It must also make a transfer of money to a British account number.

In our country, there is that Lynx and Keytrade Pro (only accessible to specialized investors Keytrade Bank platform) which offer CFDs, so the least known WH Selfinvest, and again, only on the most liquid Belgian shares. The Dutch broker DeGiro works already for some time to an offer of CFDs on the Belgian actions, such as alternative to shares listed on Euronext Brussels. The objective is to manufacture of CFDs on been

In our country, there is that Lynx and Keytrade Pro (only accessible to specialized investors Keytrade Bank platform) which offer CFDs, so the least known WH Selfinvest, and again, only on the most liquid Belgian shares. The Dutch broker DeGiro works already for some time to an offer of CFDs on the Belgian actions, such as alternative to shares listed on Euronext Brussels. The objective is to manufacture of CFDs over which he has no leverage. If you want to buy 1000 shares of Bekaert, you should in this case have the total amount on your account. But development takes longer than expected. It seems not so easy to put everything in place.

Costs and taxation

Subscribe to a CFD contract is not free. The broker charges a commission per transaction, which can reach up to 0.10 or 0.20%. On a CFD, it has no tax on the stock or tax on speculation, because the product is not listed on the stock exchange. The broker shows the course and endorsed the paris. It is y no other intermediary involved.

The introduction of the tax on speculation has greatly promoted the popularity of CFD. But barter actions for CFD to avoid this tax is not a good idea. These are two totally different products.

Brussels Stock Exchange

The Brussels Stock Exchange, there is a lot of Belgian family holdings. Is it a good idea to invest in these? Notice of Roland Van der Elst, Professor Emeritus and specialist in placement.

Ackermans & van Haaren, Brederode, Compagnie du Bois Sauvage, GBL, GIMV and Sofina: each of these family companies invests in diversifying his money in several companies. According to Emeritus Professor Roland Van der Elst, they have their place in the portfolio of all saver and investor.

“By investing in a holding company such as Sofina, your capital is highly diversified”, he said. “In addition, you get an additional risk international diversification, because this type of companies often also invests in industries operating internationally or has interests abroad. It is also the case for Brederode, for example.”

The family as a bon père de famille

The holdings are led by important Belgian families. SOFINA is the Boël family investment vehicle, while Compagnie du Bois Sauvage is in the hands of the Padmini clan. “They have invested their own money in these holdings, and therefore take particular care”, argues Van der Elst. “These are long-term investors who avoid speculative risks.”

“Members of the family often sit in the governing bodies of principal companies in which their holding invests. So, these are insiders who are therefore able to very adequately assess the risks of their investments and to track them. In addition, they are also closely involved in decisions regarding new investments.”

When one enters a holding company, can often do, according to Van der Elst, boasting a significant reduction on the intrinsic value. “If you buy a share of EUR 100, it’s worth in this case probably 110, 120, 130, or even 140 euros. Entrance fees and management costs are also much lower than those of shares and investment fund also diversified Fund.”

What yields?

The performance of a holding is composed of an annual dividend and the evolution of the distribution. “Do not focus too much on the increases because they are a function of the stock market climate”, advises Van der Elst. “Long-term growth portfolio worth is anyway important, but in the short term, you must especially pay attention to the dividend. Certainly if it increases annually.”

“At GIMV, the net dividend yield amounts to approximately 3.7%. But: more than it is distributed, at least the money can be reinvested. At Ackermans & van Haaeren, a large proportion of the benefits réafflue to the society. The performance of the net dividend by almost 1.5% lies still always much higher than the return on savings and quality obligations.” For the other holdings, yields vary between 1.7% and 3%.

As long as the distribution of annual dividend at least offers protection against inflation, you are in the right, according to Roland Van der Elst. “But more importantly, it is to let you navigate through the composition of the portfolio and investment strategy at your choice”, he concludes. “Web sites and annual reports of the holdings contain a wealth of information.”

Fellowship Brazil: First country of the acronym Bric (Brazil, Russia, India, China),

Fellowship Brazil: First country of the acronym Bric (Brazil, Russia, India, China), the Brazil is the sixth tenth global economic power in 2007) with a GDP of 2510 Mds $ in 2011. Beautiful country with beautiful people, it’s a stable democracy whose economy is growing rapidly.

At the beginning of the year 2012, the BRICs are a little less to celebrate with declining growth rates, fact remains that the Brazil has many strong points economically:

-resources in very important raw materials (metals, oil and agricultural commodities)
-a high-performance industry (including Aeronautics with the Embraer company)

Brazil Brazil Bolsa de Valores de São Paulo (BOVESPA) is the Portuguese name of the stock exchange of São Paulo of Brazil, founded on August 24, 1890.

For the anecdote, the stock exchange is located in the centre of São Paulo, I visited late 2010 (photo above was taken during a ballad in the Amazon).

16/03/2012, the Bovespa index rises to 67813 points, increased by 18% since 3 months, by 2.4% over a year, 67.63% over 3 years and 49% over 5 years.

Fiche signaletique award Brazil

-1 Euro = 2.36 Real (16/03/2012) – daily Volume: the average transaction volume amounted to BRL7.11 trillion in October 2011 (3 billion euro).

-Market capitalisation: 31/12/2011, it amounted to 1229 billion dollars (8th World scholarship)

-470 companies are listed on the Brazilian stock market


-Bovespa Index (Ibovespa) is the main indicator of the average performance of the Brazilian stock market. It is calculated from the variations of the most traded securities.

-IbrX-50 is the equivalent of our CAC 40, it’s the 50 most liquid stocks in the Brazilian stock market.

How to invest in the stock market of Brazil?

(1) stock exchange Brazil: live Brazilian companies actions

It is possible to invest in live in the largest Brazilian values using your account (in any case at Cortal Consors), these are often listed on the stock exchange of Madrid, Frankfurt or New York (Petrobras, Embaer, Vale Doce…).

The stock-picking action is not obvious and the tax burden important (in particular as regards dividends), it is also possible to invest in the Brazilian market by using mutual funds.

(2) Scholarship Brazil: UCITS

Many active UCITS have been created in recent years to allow investors to diversify in the Brazilian market: to have hindsight, we select on the morningstar tool only funds with at least 5 years of existence
Funds Perf. ꟀE. over 5 years
PARVEST Equity Brazil I 10.94
PARVEST Equity Brazil P 10.54
PARVEST Equity Brazil D 9.75
PARVEST Brazil Equity C 9.73
PARVEST Equity Brazil N 8.91
HSBC GIF Brazil Equity Z (C) 6.62

The performance of these funds are broadly in line with the increase in the index over the period (+ 49% over 5 years for the Brazilian stock market index).

Note that for 3 years, the Fund HSBC GIF Brazil Equity Z (C) conducted an annual performance of 39% or 117% outperforming over widely reference index (+ 67% for the Bovespa).

Should always compare the UCITS to the trackers that are often very powerful and have the advantage of lower management fees.

(3) award Brazil: ETF Trackers

5-year trackers invested index Brazilian outperforming slightly the UCITS. The best trackers sides in Paris to invest on Brazilian shares:

-Lyxor ETF Brazil: 29.1% per annum for 3 years and 11.7% annual performance over 5 years

“tens” of clients of BNP Paribas Fortis and “a limited number” of ING clients

That “tens” of clients of BNP Paribas Fortis and “a limited number” of ING clients receive discounts on their credit payments, this is really a scoop. “But many customers have to settle a rate zero, while they are entitled to a negative rate”, said Ilse De Witte, journalist at MoneyTalk.


Readers of Trends-Tendances know already since mid-February some Belgians earn money on their credit variable rate because of the huge drop in the rate of recent years. More importantly: according to an estimate, thousands of customers are entitled to a negative interest rate, but they have to settle a rate zero.

According to John Roman of the office of Council Immotheker

According to John Roman of the office of Council Immotheker, “by the thousands” of mortgage contracts are not respected. “This little game is already in progress since last year. People receive a letter from their bank, with calculation of their variable mortgage interest rates, which is negative; and you can then read that interest rates cannot go below zero. People introduce not complaint, because they are already happy not having to pay interest. But this is not correct.”

The Belgians who subscribed a mortgage with a variable rate in 2006, 2007, 2008, or 2011, would do well to check if they pay too much to their bank. Especially in moments where rates peaked, banks have sold credits with little margin of profit compared to the market rate, according to Romain. “40% of Belgian Government bonds recorded a negative rate. Then you know that many of these contracts have also a negative variable rate.” In the event of negative rate, the borrower does not receive any money from the Bank, but it should, however, get a discount on the monthly repayment of principal.

Since 2012, banks have begun to include in their conditions that the interest rate can never be negative. Prior to this, always according to John Roman, was in many contracts that the drop rate was unlimited. Romain has sold such credits unlimited banks as variable rate AXA and Belfius. He discusses the year last with lawyers of these institutions about the reductions that they should pay on the monthly capital repayments. If their bank disappoints, Romain advises borrowers to lodge a complaint with the Ombudsfin, the service of mediation of the financial sector.

Banks have made promises to their customers and they do not
Last weekend, it is found that the professional Credit Union (UPC) has adopted point of view according to which the rate on a housing credit can never be negative. The federal public service economy, the responsible entity for mortgage credits, contradicts this. According to the service, depends on just what is in the contract. The economic Inspection has not yet been complaints, reason for which it has not yet started to study.

A few weeks ago, some major bankers complained about the legal minimum rate of 0.11 per cent on savings. When it turned out that the Government would not affect this minimum rate, messages have appeared that various banks would charge a higher fee to their customers.

It’s rude that banks divert the mortgage Act

It’s rude that banks divert the mortgage Act. They have made promises to their customers – mortgages-takers – and do not respect. Maybe all the affected clients not in are not yet realized, but term this opportunism will turn against the banks.

Most holographic Wills (written oneself) regulate “some” cases

Most holographic Wills (written oneself) regulate “some” cases, but certainly not the entire estate. Is this a problem from a legal point of view?


Write yourself his testament remains popular

Holograph remains very popular. It costs nothing, you can do it easily yourself and if you stand to the rules, it is equally valid as a notarial will. Just actually let this holograph (1) be fully prepared by hand, (2) dated and (3) signed by yourself. For a notarial will, however, you must still count a sum of about 500 euros. With a Holograph will, people who change their mind can simply make a new toll. This is the newest testament that counts.

Everything is not resolved

Often, the deceased has not paid the whole of its estate in her Holograph will, but only a small part of the whole of the estate. In this testament, we find so often that family housing goes entirely to the surviving spouse, which is to advise the three areas for tax reasons; but then, there is often nothing more rule.

Or sometimes, “almost” everything is nicely added in the testament, in such a way that almost everything is set, unless a number of things that did not yet exist at the time of the drafting of the testament (for example a new savings account at Bank X). Is this a problem from a legal point of view and what’s going on in this case with what remains?

This is not serious if everything is not set in the testament. For all matters which are not specifically regulated in your will, it is then simply the legal regime that applies. This is not unnecessary to write at the end of your will: “For the rest, the legal regulations shall apply” even though this is not essential.

People who have a current term account can in theory not stop prematurely without compensation for breach of contract. Low interest rates are a good deal in this type of situation.


You wish to withdraw your money

Many people still have accounts in the current term. But what happens if you want to claim your money deposited into an account before the deadline? For example, suppose that you need money for a renovation or simply because you want to invest in a joint fund in the hope of removing, best performance. Can you in this case simply interrupt the term account?

The principle

In principle, you are bound to the agreed duration and so you have to let it run an account term to final maturity. Therefore, a person in possession of an account 6 year term, if it wishes to close it now after 3 years, it should in theory still wait 3 years, until final maturity. But in practice, almost all banks still offer the possibility of output if the customer really wants.

However consider that a limited number of banks require you to give the reason why you have made this decision (e.g. a divorce, death, accident, etc.). Most banks require payment of compensation of breaking, which can vary between 0.5 and 2%

Low rates have advantages

Because of the low rate, the principle of compensation of breaking is really a limit in practice. As interest rates recently fell to a historically low level, it is often possible to close an account in the term with a very small allowance or even without compensation, certainly after negotiation. This is partly also logical since in this case your bank is generally a good deal at a time of low interest rates.

Each year, the FPS finance publishes a list of people who risk a tax audit. This year, the tax authorities includes the Belgians having capital abroad.


As in previous years

As in previous years, the FPS finance said on its site that is likely to receive a visit from the taxman this year. The authorities are doing this to encourage people to fulfill their tax obligations in a proper way. IFCS includes both individuals and businesses. The IRS may ask them to provide information or additional documents.


Firstly, persons not reporting all their revenues from properties in Belgium and abroad are more likely to be caught. Among others is the consequence of the Common Standard Reporting (CRS). This year, several countries have begun to gather tax data from people who are taxed abroad. From 2017, these data will be exchanged internationally. Additional controls apply also to the Belgians not declaring all their professional income in Belgium and abroad.

The Belgians who reported to be entitled to a reduction of taxes on income from foreign origin can also be expected to control. The IFCS also pays special attention to the taxpayers deducting donations without tax certificate.

Finally, the Belgians who work abroad as executives can also expect a tax audit.


Companies that have not properly or not completely filled the tax sheets 281 will not escape tax additional controls. These are sheets which summarize the salaries of employees and the expenses for business leaders.

Then, a particular focus will be placed on the presence of a smart box in the horeca sector companies. SCIF including will check whether they meet all the requirements.

Moreover, the tax authorities will monitor if companies comply with their VAT obligations.

Finally, companies risk scrutiny if, in the event of bankruptcy, a suspicion exists for some liquidation operations that all taxes have not been made.

Niels Saelens

Belgian banks

Belgian banks focus still too only on profit and will often ignore sustainable investments. “Banks are small steps forward, but they are not ambitious enough,” said FairFin, initiator of the draft Scan of banks in Belgium.

Every year, banks Scan assesses the attitude of investment and management of the Belgian banks strategy, based on eight themes that have a significant impact on the sustainability of the economy and society. FairFin works for this collaboration with organizations such as Amnesty International, Oxfam and 11.11.11.

Little progress

FairFin is far from having a positive opinion about the majority of the studied banks (Argenta, Belfius, BNP Paribas, Deutsche Bank, ING, KBC, Triodos, Van Lanschot and VDK). The big banks have little progress last year. BNP Paribas and Deutsche Bank have, according to the survey, the largest negative impact on the climate and human rights. Only Van Lanschot, VDK and Triodos stand, just like last year, in a positive way.

According to Frank Vanaerschot of FairFin, most major banks focus too only on profit. “Banks must do more to benefit to make the transition to an economy sustainable possible”, explains Vanaerschot.

Fossil fuels

The team behind the project banks Scan studied if banks invest in companies compromised in harmful practices or provide similar investment funds. It emerged that Deutsche Bank and BNP Paribas are investing large amounts in defence Lockheed Martin Corporation.

The majority of banks are a little less investing in fossil fuels, but here too there are still on the plate. “In a number of banks, more stringent criteria are applied for the financing of coal extraction. It is positive. But the sector is still far from what climatologists tells us to do,”said Vanaerschot. Deutsche Bank, ING and BNP Paribas are still investing hundreds of millions of euros in oil and Exxonmobil gas giant. All banks, with the exception of Triodos and VDK, invest in the oil company Total.

Full of hope

Vanaerschot, however, remains optimistic. KBC and Belfius have informed Scan of the banks that they work with their investment policy. According to Vanaerschot, an important role is the responsibility of the Government. “The extinction of fossil energy investments and financing of the energy transition policy must fully be part of a climate plan able to realize the ambitions of Paris’, resolved.”

A previous study of FairFin also showed that smaller banks are generally more stable than the big players. But they do not have a positive reputation in terms of sustainability. Thus, the majority of banks lack transparency.

Check here the level of sustainability of your bank

iDealing agree the fronde against tax on speculation

iDealing agree the fronde against tax on speculation, a must for the broker whose credo is the free transaction. Train station is however not to buy anything, the proposed options intended for investors. Turkey stuffing however much risk to the State.


Exploit the flaws to the tax

Three and a half months after its implementation, the speculation tax has more and more lead in the wing, and not only because of the decline in Belgian scholarship. Brokers compete of ingenuity to exploit the slightest flaws. Bolero (KBC) has thus promotes its index Fund (ETF), allowing for example to capitalize on the Bel 20 in whole, coming out of the scope of the tax. Keytrade launched CFDS, a form of derived non-concerned, without leverage equity products. Specifically, buy a CFD is therefore to invest in an action. The last “find” is iDealing credit. The British broker offers OTC (over the counter, outside regulated market) options that are not targeted by tax. Through their leverage effect, these options are only intended for active investors – most affected by the tax on speculation – such as grant Lee Foster Bowman, founder and CEO of iDealing.

Free transactions

This development is indispensable for iDealing looming as an intermediary particularly indicated for active investors. The British broker thus embarked on the Belgian market in December last with the promise of free transactions on Euronext. Thus, iDealing count no fee broker or tax on securities (TOB), the British broker offered because it operates from the United Kingdom.

A double loss for the State?

For public finances, the loss is therefore twofold: no tax on speculation, or TOB. And the shortfall could grow while BinckBank admitted thinking about a possible deletion of its Belgian antenna in order to serve its local customers directly from the Netherlands.

Next to billion of profits of enterprises

Authorities are passed next to billion of profits of enterprises in recent years, because of the countless deductions, considers Karel Anthonissen. “What still returned to corporate taxes comes from hundreds of thousands of small enterprises”, he explains.


The last substantial reform of the corporate tax of 1992. Since this fiscal year, losses on shares of other companies are also deductible and capital gains are more taxed. This has triggered a radical change in corporate transactions. Prior to this reform, was mostly of foreign losses in the accounts, attracted by the deductibility. After the reform, we have seen a few hundreds of billions of capital gains, attracted by the exemption. In this regard, one can certainly speak a positive economic result.

According to the annual table in the ways and means budget shortfall in tax by virtue of this measure amounted to EUR 10 billion in 2005, 12 billion in 2006 and 9 billion in 2007. These are dramatic figures, certainly if one knows to be multiply by three to get closer to the income exempt.


Is there still anyone who pays the corporate tax?

Not really
‘Every disadvantage has its advantage’, said Johan Cruijff, and we saw in 2008. For this year, the table showed a remarkable negative figure of-30,2 billion euros. The banking crisis and the implosion of the stock market, you know. In the statements of 2008, there are therefore approximately 90 billion non-deductible losses. But this does not mean that negative tax revenue estimated upon 30.2 billion have also been actually paid. It also than rejected. After this catastrophic year, stock prices are are gently relieved and we see in table 2 to 3 billion tax companies on exempt capital gains each year. In this period, the deduction for risk capital was also in force, famous notional interest. These costs have increased from 2 to 6 billion between 2006 and 2011.

In short, the hole in the hedge by which billions of profits of companies escape, was once more enlarged. February 12, 2009, the European courts of Justice literally overthrown the hedge. In the case of Cobelfret, it held that the called deduction RTD (definitively taxed income), representing 6 or 7 billion annually, could no longer be limited in time. Finance Minister Didier Reynders (MR) calmly left do. All big companies were able to immediately review their calculations of the profits, sometimes in a distant past and often into a distant horizon. Currently stackable net positions, which should in fact be overlapped to a large part, are now often more important than the benefit. Each year, there are more deductions in stock for a more distant future.

Are there in this case someone who pays the corporate tax?

Not really. In the nineties, the majority of the corporate tax was paid by a small number of large capital, first banks. This is no longer the case. What still returned to corporate tax is provided by hundreds of thousands of small businesses, or about 3.7% of GDP. This deserves more the name of corporate tax, is tax individuals hijacked. A contractor who earns well or a person exercising a liberal profession successfully prefers, for tax reasons, leaving a large part of its gains in the sprl. There is hardly a question of capital gain. The corporate tax as part of capital gains tax has virtually disappeared.
Which still returned to the corporate income tax is mainly brought by hundreds of thousands of small businesses
With the budget measures by 2013, the Government announced a reassessment to the tax on corporations, the tax fairness. Since the fiscal year 2014, there’s a modest sampling of 5.15% on profits of enterprises distributed, which should be paid in all cases, even if the company has a plethora of deductions. A minimum contribution from fair shame somehow. The space left by the hedge is again planted a few small plants. But they still need to push, so that the big boys can no longer jump over.

As a new step, the Minister Johan Van Overtveldt (N-VA) introduced a maximum of fairness of 20 or 22%. Applied income before deductions, this can replace the 33.99% on income after deductions, if the latter proved higher. It is therefore intended for the small fry who cannot wear that little or no exemptions into account. In this way, there is still gently a corporations tax more dish, where deductions more not only play a role in the range between the minimum and maximum rate.

You want to buy real estate to rent it but don’t have the time nor the money needed?

You want to buy real estate to rent it but don’t have the time nor the money needed? Thanks to the companies civil investment in real estate (REIT), you can indirectly invest in the rental real estate without the disadvantages of rental management, for an annual management fee.

A tool at the service of the diversification of your assets

The REITs allow you to invest indirectly in real estate. Thanks to them, you can either invest in residential real estate while taking advantage of a government tax exemption device, or access to real estate business (offices, logistics, commerce, tourism, etc.), an easily accessible market for individuals. The SCPI are investments exposed to the real estate market, with the risk inherent in this sector, namely that a capital loss is always possible.
The very composition of the REIT offers a strong diversification: the investments are spread on several buildings (Paris, Paris region and province) and a large number of tenants.

Accessible potential income

Unlike live real estate, which must be a substantial starting sum, the SCPI are accessible from a few thousand euros.

Moreover, this investment allows you to potentially collect additional revenues, thanks to the fruit’s rental of real property holdings in the SCPI. Thus, the distribution of these revenues depends on the results of the SCPI and the approval of the annual general meeting of the SCPI. However, neither the capital nor the performance are guaranteed. Performance and returns are not guaranteed and may vary upward and downward depending on the level of rents and occupancy of buildings and the situation of the market of the real estate business.

Real estate without constraint

The principle of the SCPI is simple: you entrust your savings at a real estate asset management company, with an annual management fee. It fulfils the following role: allocate your investment on several buildings and support all administrative and commercial aspects to your place. Thus, you are not under the constraints of a traditional rental investment management. the real estate management company takes care of everything: selection of goods, real property management, search for tenants, recovery of rents, followed by any work, administrative procedures, preparation of tax documents, etc.

The REITs hold buildings whose value can move upward and downward. The recommended investment period is 8 to 10 years for REITs invested in real estate business, and from 13 to 15 years for tax REITs invested in residential real estate.

In addition, there is a risk in liquidity. Indeed, the redemption (or the sale of shares) is not guaranteed. The output is possible only if there is a counterparty. In the case of the tax SCPI, taking into account the loss of the tax benefit in the event of resale of the shares to a third party, the liquidity is almost zero.

Our offer of SCPI

Invest in a REIT invested in the real estate business may therefore be interesting for someone seeking to diversify or develop its heritage or investments well to prepare his retirement. Thus, you can subscribe to Edissimmo, a REIT’s offices which located in diversifying its difference and offering a yield of 5.11%, even though past performance are without prejudice to future performance. We also offer to invest in the SCPI Rivoli future heritage, which boasts a Parisian DNA and which won best live your money 2015 as best REIT’s offices.

The real estate funds

The real estate funds, or organization de Placement Collectif estate, is a vehicle of unlisted collective investment schemes mainly dedicated to real estate which the constitution is approved by the Autorité des Marchés Financiers. This is a support of investment falling within the category of collective investment schemes (OPC) agencies and designed on the model of collective investment in transferable securities (UCITS) organizations.


Just as the SCPI, the real estate funds invest directly or indirectly in buildings, in order to generate a rental yield and search a valorization of buildings. It is also an investment long term where it is recommended to invest at least for a period of 8 years. The innovative nature of the real estate funds is based on its character as an investment real estate talk, combined with investments in financial values that make possible greater liquidity.
The OPCI meet the needs of institutional clients (one speaks then of OPPCI) and private customers. This second category also offers two types of media:
-the SPPICAV subject to the taxation of securities (investment companies to balance immobilière à Capital Variable)
– and REITs (Fund of investment real estate) which fall under the taxation of land income.

The composition of the OPCI meets strict regulation;

They include:
between 60% and 95% of real estate assets, the more often the real estate business such as offices, shops, logistics…;

at least 5% of assets liquid in order to meet redemptions requests by their holders of shares or shareholders;

other financial instruments (0-30%), such as shares or bonds.

There is a strong acceleration of the collection on the real estate funds because they respond to issues of economic diversification in life insurance. The real estate funds provide a solution to customers who seek to maintain the attractiveness of the taxation of insurance lives, while being reassured by the concrete side of the stone. Thus, more than 1.2 billion € were collected only for the first 6 months of 2015 all of real estate funds (source IEIF June 2015). Figures for the second half are not yet available, but they should confirm this dynamic.
The most important real estate funds of the market is Opcimmo, number 1 in terms of collection (source IEIF – June 2015). This is a savings solution that mixes investments in real estate business and financial products. This Fund shows a performance of 4.62% in 2015, even though past performance are without prejudice to future performance. Opcimmo has a pan-European investment strategy that factor determining to limit the overall volatility of a portfolio by taking advantage of little correlated business cycles. It is thus invested mainly in major European cities such as Munich, London, Paris, Berlin… Opcimmo guarantees revenues, performance, nor the capital. As a Subscriber, the client may recover the amount of the redemption within a period of 2 months.

Prior to any subscription, Information key to the investor and the prospectus Document must be returned. All regulatory documents of subscription are available on amundi – OPCIMMO was approved by the AMF under number SPI20110014 dated 27/05/2011 management Amundi real estate, portfolio management company approved by the Autorité des Marchés Financiers under n ° GP 07000033.
It is recalled that past performance are without prejudice to future performance. The real estate funds are investments long term with a shelf life recommended 8 years. Amundi real estate management in return for an annual management fee. This financial product is not intended to be sold in the United States or to US Persons. Capital and performance are not guaranteed and depends on the situation of the real estate rental market, the economic situation, the State of the real estate and financial markets and supported loads. The amount recovered upon redemption may be lower than that invested in the event of a decline in the value of assets, in particular the market real estate as well as financial markets, over the life of your investment. In the case of debt financing, if the performance of the shares bought on credit is not enough to repay the loan or in the case of lower prices on the sale of the shares, the client shall pay the difference.