Guess the institution offering the most competitive credit. Answer: the Treasury! With a rate of 0.3% per year, which could be better – The historically low-interest rates in 2010 were a consequence for those who come to receive an inheritance or who wish to pass their business. Indeed, the legal interest rate, based on the discount rate of the Bank of France, was set in 2011 by the administration of 0.3% per year in the fiscal, against 0.6% in 2010 and 3.7% in 2009. A record. In other words, it is interesting to ask the IRS a “time” to pay certain taxes. And better hurry: “This is probably the last year than the statutory rate is also low,” added Cédric Kasztelan, heritage engineer at Quilvest Private Bank.

How to benefit? First in a series. The tax authorities may authorize the heir to offset the payment of duties. He will then meet every year the interests of this “loan” some particular rate of 0.3% –,, Knowing that this rate is fixed, that is to say, it will not change over the years. The taxpayer may request to split the reimbursement of 5 years and even 10 years if half of the inherited wealth is “illiquid”, as in the case of real estate.

Deferred payment
It may further request that payment is shifted 2 years. This delay can be obtained in the case of real estate dismembered: the bare owner (children mostly) may pay fees to death of the usufructuary (the survivor).
To accept that the tax authorities must, however, prove that the financial situation does not pay on the nail – It all depends on personal circumstances (divorce, the birth of a child, moving …) and heritage (are blocked sales agreement signed …).

But the level of the legal interest rate is even lower in unlisted companies transmissions. The payment of fees can be deferred for up to 5 years and spanned over 10 years. “Good to know: the rate is even more advantageous if more than one-third of the capital is transmitted,” says Cedric Kasztelan. He reached the rate of 0.1%! Almost free loan … And when a “pact Dutreil” was signed, the basis of rights is reduced by 75%. What considerably lighten the bill, as shown by simulations to “La Tribune” by Quilvest Banque Privée (see illustration) –

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The times of high-interest rates seem to be over, but the bank customer is more powerful than he believes. Who sharply negotiated gets more for his money. This helps in times of mini-interest.

There are times when bank customers sometimes can suppress screams of terror with difficulty: With whom a savings contract will be due at the moment, which his bank for reinvestment usually provides very modest interest in. Long gone are the times when we laughed about the savings account because it brought only a paltry two percent. Today bank consultants recommend to their customer’s savings products, where there is 0.2 to 0.3 percent. And that with an inflation rate of almost two percent – a guide so the money losing.

But the bank customer must not put up with. On the Internet, direct banks often offer much better terms. And let the branch banks negotiate “within the framework” of how Klaus Nieding says the German Investor Protection Association in Frankfurt. Unfortunately, this often is not enough to express the bank manager to his displeasure with the puny interest rates. Even more, he can be persuaded, something more to offer when it comes to a good customer – he might lose otherwise.

“If the bank a good customer offering 0.25 per cent for fixed deposits for one year, then that creates the act up to one percent already – that is,” says Max fall of the FMH financial advice in Frankfurt. “It all depends on how much repeat business, the bank promises.”

As before, the banks benefit from the fact that many people simply accept tacitly poor conditions. Some banks live allegedly even the fact that they offer significantly lower rates to their customers in the rural outdoor locations as the people in the city, where the competition is greater. Who learns that interest is not set in stone, but are negotiable, has taken the first step towards the emancipation as a bank customer.

Exaggerated hopes you should here however not do: What you can out an act, is not the world. It thereby does not solve the problem of a generally low level of interest. And it will remain so that the interest of the branch banks usually do not come close to the terms of the direct banks. Still, if someone likes want to stay with his branch bank and his money is not (or at least not completely) would like to put in stocks or funds, then it’s worth it to haggle interest rates.

Contract signing is not the same! Compare rates!

Rule number one attended: sign the contract for the investment is not equal in the first conversation in the bank. “Investors are well advised if they do not enter into contracts lightly on the spot in the store,” says Nieding. “Take But first home, read through the draft in peace and seek compare offers from other banks.” For anyone who has ever signed a savings contract, can only hope for the friendliness of the bank when he noticed at home that the interest is not customary in the market are.

“Basically, is the bank customer, in this case, is no statutory right of withdrawal,” says Nieding. An exception is a case that the contract by a distance, is, for example, an email, come about. Some savings banks granted beyond one a contractual right of withdrawal. As a rule, but it is dependent on the goodwill of the bank if you want to cancel a once concluded savings contract afterward.

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