Britons in France warned of steep capital gains tax rises when selling property

clock
Britons in France warned of steep capital gains tax rises when selling property

British expats who own property in France are being warned they face a sharp rise in their capital gains tax (CGT) after the Brexit transition period comes to an end on 31 December 2020. Once the deadline passes at the end of the year Britons who sell their second homes in France will pay 36.2% of the sale in tax and social charges. This contrasts with just 7.5% of the sale as currently applied to all citizens of EU member countries. The rise can be attributed in part due to Britons no ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login

Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.