Capital Gains tax

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29 Nov 2012 5:40 PM by JulieW Star rating in La Herradura, Costa .... 68 posts Send private message

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Remember Capital Gains tax on properties bought before January 2013 will be reduced by up to 50% no matter when you sell in the future. Purchase tax discount of 50% on new houses ends in January 2013. Purchase tax will increase by 2% in January 2013. Buy your bargain property now and save 1000s of euros in taxes. For a 395,000 purchase now and sold in 10 years this could save you over 140,000 euros before indexation.



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Julie

www.wisemovetospain.com




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