![]() |
|
11. French Capital Gains Tax
11.6. Capital Gains Tax on Your Former HomeIf you become permanently resident in France, and then subsequently sell your former home, you could become liable for capital gains tax on the sale proceeds.
In the case of former residents of the UK a tax treaty signed between France and UK, operative from 1st January 2010, makes you liable for capital gains in France on the future sale of your former home. However, you will be entitled to the same relief on French capital gains tax as you would otherwise receive if the property was located in France. You need to read our other pages on French capital gains tax to get a full appreciation of this rule. The new treaty overturns a previous rule in which there was an exemption from capital gains tax by the UK tax authorities on the disposal of the main residence for a period of five years, and which was exempt from capital gains tax in France. Next: Fiscal Representative for Non-Residents Back: Development Land Couldn't find what you are looking for? Search again now!! The Guides to France are published for general information only. Please visit our Disclaimer for full details. |
|
Copyright © French-Property.com | Property in France | Rentals France