View Single Post
  #4  
Old 19.10.2020, 19:57
fatmanfilms's Avatar
fatmanfilms fatmanfilms is offline
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 19,755
Groaned at 421 Times in 313 Posts
Thanked 19,822 Times in 10,615 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Apartment exchange vs sell & buy

Quote:
View Post
Both parties will doubtless be liable to capital gains on any profit. I don-t think this can be avoided...
The UK resident won'e be bothered by Swiss CGT as his UK gains in GBP will be taxed at 28% (18% if still a lower rate tax payer including the gain or a slice of it).
Even with zero CHF profit the UK gains could be 100%. Any Swiss tax can be credited against UK liability. The Swiss resident can roll it over.
Reply With Quote
The following 2 users would like to thank fatmanfilms for this useful post: