Who calculates it ?
A capital gain is the difference between the purchase price of a property and its resale price. It is totally exempt from tax for the sale of your principal residence. On the other hand, this is not the case if it is your second home: the capital gain realized may be subject to income tax and taxes. social levies, i.e. a total tax of 36.2%. The amount of tax to be paid is calculated by the notary in charge of the transaction and is deducted from the sale price, when the authentic deed is signed. The notary then transfers the sum to the land registration service of the place where the property is located. Do not forget to report on your tax return the amount of the capital gain declared by the notary. (translation by Google translate)
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