Social charges

[Angie]

I understand that capital gains tax is payable on any profit made on the sale of your house in France less a reduction depending on how many years you have owned it. Can someone tell me if the 15.5% social charge is payable on the same basis, i.e. on the profit made or on the whole sale amount? Thank you

[Debra]

On the profit - and though it's exempt from plus value tax after twenty two years, social charges are still due up to thirty years of ownership. See here http://www.notaires.fr/fr/les-plus-values-immobili%C3%A8res