Quote from: Becassine on July 14, 2023, 12:26:35 PM

Quote from: zasad@ on July 14, 2023, 11:06:17 AM

Quote from: Becassine on July 13, 2023, 08:47:01 PM

Quote from: zasad@ on July 13, 2023, 04:45:07 PM

Thank you, oh nagogs on real estate in France, you will run away. The article says:
"In all cases, you are exempt from capital gains tax on any property that you have owned for more than 22 years."
In Russia, this term is 3 years and it does not matter what kind of property you sell, the main one, where you live or the additional one, which you use or not.

It's not over: you are also taxed each time you donate (with exemptions and reductions...). A house passed down from generation to generation will be taxed and re-taxed, in addition to local taxes. But as they say at the WEF: "you will have nothing and you will be happy"

Taxes and donations in France : https://www.service-public.fr/particuliers/vosdroits/F10203

There is no inheritance tax in Russia, only a state duty of 0.3%, if the owner of the property gives it to a close relative during his lifetime, then there will be no taxes. 0.3% is paid not from the market value, but from the amount of expert assessment, which is underestimated to the maximum. In France, there are no such holes in the laws?

Taxation in France is quite complex, which is also the reason why there are tax advisers and tax lawyers. The wealthiest are therefore the best advised and it is they who can have the most reduction and exemption. Here the site on family donations : https://www.economie.gouv.fr/cedef/fiscalite-dons-familiaux

And now, unless I'm mistaken, since income tax has been deducted at source, taxes on rental income are paid in advance, based on the previous year's income: so if you didn't rent one year, the government will reimburse you the following year. (a way of generating cash flow for the tax authorities).
In any case, in France, it seems to me that the government is raising taxes rather than cutting its own spending.

100,000 euros is a very small amount for a tax deduction, because real estate is more expensive in France. And such a deduction can be made once every 15 years. Russia has the simplest tax legislation for individuals, and the most uneducated citizen can understand it. This article contains very complex calculation rules that will most likely require the additional services of tax lawyers.
I know that salaries are high in Europe, but I heard from people that up to half of their income is spent on taxes and insurance.