Jump to content
Complete France Forum

CAPITAL GAINS(OFF SETTING)


jimboy

Recommended Posts

Bonjour, and a question for anyone who knows or has sucessfully sold a house recently.

I understand you can reduce tax on profits when selling your house.  Basically by presenting old devis for works carried out on your property by registered French artisans.  We have spent considerable monies on updating a property roof, building and plumbing/ electrics.  All by 3 french registered companies.

The problem being we wish to sell after 12 months of purchase.  I have read in a 'Hampshire' book Buying a House in France, that one must wait 5 years plus to qualify for any such reductions on tax impot.  I understand any profit made is payable at (16pc for non residents, 26pc for residents EU)at and above the profit thresehold.

Also is it true an accountant must be presant, with notaire on selling properities above e150,00.00?

Thanks in advance

 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...