In a Ministerial Reply published on 23 April 2013 (Réponseministérielle du 23 Avril 2013, Question écrite no 13343 de M. Christophe Priou), the government clarified that capital gains on immovable property (or shares in unquoted entities whose assets consist for 50% or more of immovable property) located in France are subject to a withholding tax of 33?% if the taxpayer is not a resident of the Eu…