Good afternoon,
When does tax exemption apply when selling a French property?
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Capital gains tax exemption
3 posts • Page 1 of 1
Capital gains tax exemption
by Matias on Sat 22 Nov 2008 22:22
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Re: Capital gains tax exemption
by Sharp on Sat 22 Nov 2008 22:23
You could be exempted from CGT if your property price is below 15,000Euros, the property is your primary residence or if you have owned your property for more than 15 years.
- Sharp
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Re: Capital gains tax exemption
by Rodrigue on Sat 22 Nov 2008 22:48
After the fifth year a reduction of 10% per annum is applied, which means that once the property has been owned for 15 years, no CGT is payable.
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3 posts • Page 1 of 1
