Overview

• French authorities claim the Geissens misused tax benefits tied to their Côte d'Azur property, demanding up to €7 million in back taxes, penalties, and interest.
• The luxury hotel, 'Maison Prestige Roberto Geissini,' is scheduled for auction with a starting bid of €1.5 million.
• Robert Geiss has filed an appeal against the auction and remains confident it can be prevented, stating the hotel itself is unaffected as it operates under a separate lease agreement.
• The tax dispute stems from French laws requiring property sales within five years to retain tax advantages, which the Geissens did not meet after purchasing the property in 2008.
• The hotel continues normal operations, promoting its services online without any visible signs of financial distress.