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Another Official Pick-Pocket and your Capital Gains Tax

Source: www.fblog.com. Posted on 20 June 2004.

At first sight the new laws this year about Capital Gains Tax (CGT) on the sale of your second home in France seemed to be very good news for owners.

The tax rate has been reduced from 33% to 16% and the time you have to own the house to get full tax relief is down from 21 years to 15 years.

If you are selling a property in France, you are required by law to make a CGT declaration.

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