Subject of the month
CAPITAL GAIN TAX ANOTHER MODIFICATION OF THE RULES
On the first of September, another change of the rules:
capital gain tax exemption back to 22 years
CSG ( social Security Contribution ) still based on 30 years.
Any sale before Decemebr 31 st 2014 will have a 25 % reduction on the capital gain tax to be paid ( not on the CSG) This exemption does not concern
- plot of land
- shares of real estate companies
- sales to family members
It is still a project. The law is not in place yet !
Any question, feel free to contact us