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French Supreme Court U-Turn on Full Refund of Capital Gains Withholding Tax

|Approved Changes|France
France

The French Supreme Court (Conseil d'Etat) has issued a decision concerning the refund of capital gains withholding tax on real estate gains when the rate applied is incompatible with the EU freedoms. Unless a treaty provides otherwise, capital gains realized on French real estate by a non-resident individual are subject to withholding tax at the rate applicable to French residents (currently 19…

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