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Commentary

FR2.5.7 Calculating the CGT

France

The capital gain is equal to the difference between the sale price (minus the transfer costs) and the purchase price (minus the registration costs paid during the purchase or 7.5% of the purchase price) or the declared value when the property was received through a donation or inheritance.

The purchase price may be increased due to:

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    •ÌýÌýÌýÌý construction

  2. Ìý

    •ÌýÌýÌýÌý reconstruction

  3. Ìý

    •

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