201211.15
0

France: Renegotiation of the double tax treaty concerning real estate

France and Luxembourg are currently renegotiating. France requested for a renegotiation of the double tax treaty concerning capital gains coming from a real estate oriented company. France would like to avoid taxation under Luxembourg Law for operations relating to real estate located in France. Under the current double tax treaty capital gains from real estate…

201211.12
0

Taxation of UK Residential Property – Budget 2012

The UK Government Budget announced substantial changes to the structure of stamp duty land tax (SDLT) in the United Kingdom with immediate effect. In addition, two new charges on high value residential property owned by certain “non-natural” persons were introduced and are expected to come into force from April 2013, pending further consultations: An annual…