French Property Forum

[Casha]

Hi,

How is the capital gains tax calculated in France?

[Burrist]

Any profits you make from the sale of your property can be subject to CGT. This is calculated by subtracting the purchase price from the sale price and then deducting agent commission, legal fees and the cost of any renovations to your property. You will need to produce proper receipts including VAT as proof of this.

[Vinson]

When a property is sold, capital gains tax applies at a fixed rate of 16% for those who are residents of another EU member state, 27% for those who reside in France, and 33.33% for those residing outside of the EU, unless a tax treaty stipulates otherwise.

[kingroly]

Any profits you make from the sale of your property can be subject to CGT. This is calculated by subtracting the purchase price from the sale price and then deducting agent commission, legal fees and the cost of any renovations to your property. You will need to produce proper receipts including VAT as proof of this.

yeah that right i actually read some articles about this Capital gains tax calculation..


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tax problems