Capital Gains on Profit

Macd

Registered User
Messages
20
Hi,
This question was probally asked or talked about before so forgive me but can anybody let me know if l was to sell a property in France and which l was to make a profit of 100k euro from when l purchased it, would l have to pay capital gains in Ireland as well as in France. if so at what rate.

Thanks
Macd
 
You really should get independent professional advice on this but as far as I (as a non tax expert) know you will be liable for Irish CGT (20%) as normal on the assessable gain and if you pay any CGT in France then you will probably get a tax credit for that that you can set against your Irish liability.