Posts Tagged ‘real estate appreciation’
Calculation of Tax on Capital Gain Property
When selling a property it owns, it realizes a capital gain if the sale price exceeds the purchase price. This capital gain is taxed as a real estate tax special, here are the details.
What is the amount of tax on capital gain tax?
The capital gain property you’ve made by selling your property at a price higher than its purchase price is subject to a withholding totaling 28.1% of the amount of capital gain: 16% tax and 12.5% social.
When are you concerned?
This tax applies to all payment transactions (such as sales) and irrelevant calculation in the case of succession or transfer for free. Read the rest of this entry »