Chancer Posted February 10, 2011 Share Posted February 10, 2011 There has been speculation about this for some while since the government announced it was looking at it as one option in the reform of I.S.F.If you watched Le President Sarkozy on TF1 tonight you will have heard it from the horses mouth. "C'est une voie que je ferme" Link to comment Share on other sites More sharing options...
woolybanana Posted February 10, 2011 Share Posted February 10, 2011 But the charges sociales will stay? Link to comment Share on other sites More sharing options...
Chancer Posted February 10, 2011 Author Share Posted February 10, 2011 Dunno, I had never even looked at the existing system, histoire de never doing any homework [:D]You mean there were/are already taxes to pay when one trades up or down?I thought the Notaires fees (yes I know they are taxes) were enough to stifle the market. Link to comment Share on other sites More sharing options...
idun Posted February 11, 2011 Share Posted February 11, 2011 When we sold in 2009 we paid not a penny of anything to anyone. What do they base the sociale charges on then, on the sale of one's principal residence? Link to comment Share on other sites More sharing options...
woolybanana Posted February 11, 2011 Share Posted February 11, 2011 Whilst I may be wrong, I had understood that social charges were now to be paid on the profit of a first home sale. Link to comment Share on other sites More sharing options...
pachapapa Posted February 11, 2011 Share Posted February 11, 2011 [quote user="woolybanana"]But the charges sociales will stay?[/quote]Indeed they never went away but subject to better informed opinion the taxes sociales whilst applicable to a capital revenue would in my opinion not apply to the sale of a house.http://www.pratique.fr/csg-crds-prelevements-sociaux.htmlPerhaps a confusion with "titres & obligations". This is left in french with inverted commas to indicate that a french tax domain is concerned. Link to comment Share on other sites More sharing options...
mint Posted February 11, 2011 Share Posted February 11, 2011 Not that I expect to make any profits at all when I come to sell Chateau 17 but, just in case, is it best to declare it my principal residence when I fill in this year's tax forms? Link to comment Share on other sites More sharing options...
mint Posted February 19, 2011 Share Posted February 19, 2011 Can somebody please reply to this question?Not that I'm planning to sell when the market is supposed to be this bad but, you never know, someone might just make me an offer that I can't refuse?Here's to hoping..............................[:D] Link to comment Share on other sites More sharing options...
Sunday Driver Posted February 20, 2011 Share Posted February 20, 2011 When you come to fill in this year's tax forms, you put down your current (new) address. Having moved out of the Chateau, it is no longer your principal residence, but if you sell it within a certain period (currently around two years) then provided you haven't let it out or allowed relatives or friends to stay in it free of charge, then the sale will be exempt from capital gains tax. Link to comment Share on other sites More sharing options...
mint Posted February 20, 2011 Share Posted February 20, 2011 Thank you, SD. I just want to do the right thing and, in any case, I very much doubt that I will make anything on Chateau 17, considering the amount I had to spend on updating the electrics and the fosse.Notice I have said nothing about the cost of moat clearance.....[:D] Link to comment Share on other sites More sharing options...
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