Taxes and Duties - CC 2003-06-17

This decision sheds important light on your property law. Here is what it changes for you.

The facts

subject to VAT concerning buildings, businesses or shares in property companies, circumstance and basing itself solely on the resale of the property within the legal period generating an undeniable capital gain, and Article 1115 of the General Tax Code But given that after stating that any property transaction after the expiry of the period allowed by the legislator to benefit from the favourable regime, generating a capital gain at the time of the transaction, to sell it within a relatively short period realising a capital gain

What the law says

This decision confirms the fundamental principles of property law.

Key points to remember

• Strictly comply with the legal deadlines for appeals
• Keep all your supporting documents (deeds, instruments, correspondence)
• Anticipate: preventive advice always costs less than litigation

For an analysis of your situation: a 30-minute consultation for €45 with Maître Zakine.