French Real Estate Tax Changes You have a year to enjoy tax cuts

French real estate rules change again for secondary property owners.

As stated in Le Figaro the French newspaper on September 1st 2013 French secondary property owners have a year to enjoy lower taxes in terms of capital gains taxes.

For full details and to calculate the savings you can get by selling your secondary French residence at this moment compared to a month ago speak to your English speaking French tax adviser today.

If you read French you can check out the article in Le Figaro that offers details on how the new capital gains taxes works.

But make sure you check with an English speaking tax adviser to have all your estimate in order before you sell.

If you need help locating an English speaking tax adviser we can assist you in finding one contact us today. 

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Reduction on French Property Capital Gains Tax in 2014

English Speaking French Realtors

French President Francois Hollande announced yesterday a new special allowance that is designed to reduce the French Capital Gains Tax and it is to be effective next year, 2014 (original article in French)

According to President Hollande French property home owners selling a secondary residence will no longer have to wait 30 years to be exempt from tax. His government will bring this period down to 22 years. He also promises a special extra allowance for 2014 but did not give details.

President Hollande’s goal is to restore movement to the French real estate market. The official announcement will be later this year.

Below you can get your free introduction ebook about French real estate mistakes to avoid

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Request below via the sign up form. Just scroll down, add your email and click Subscribe

This request also entitles you to our biweekly ezine and you can unsubscribe anytime.

Videos/Free eGuide 10 Mistakes Made by French Property Buyers and Sellers

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.