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Old 21.10.2009, 20:25
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Re: Tax implications of owning a holiday property?

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Are you saying that in VD the wealth tax rate on VD assets is independent of total global assets?

Goldtop, I think that if you are not a permit holder you are given a choice. I spoke to the Office d'impot and was told about a simplified procedure. If you do not want to do it this way you can be taxed according to the normal procedure.
In their opinion if you just hold a holiday home it is cheaper to pay tax by the simplified procedure
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