Tax on €2.5m farm sale

J

jister

Guest
If a person sold a farm to a developer for €2.5m roughly how much tax etc. would they pay?
 
M

mf

Guest
As a starting point, I think, 20%.

This person should be taking personal, professional, advice from a competent tax advisor who will be able to look at all the pros, cons, advantages, disadvantages, possible exemption ideas ( retiring? ) (farmer?) etc.,etc.,etc before even contemplating any deal.

mf
 
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