Capital Gains tax
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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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