Help Tax Question.1 Replies
Hi I wanted to know if someone can help me. I have a home in nice france which i have had for 8 years. I just moved to switzerland just 2 years ago with my contracting I.T Job, and am currently domicile and have paid tax in zurich for 2 years. I would like to sell my property in france but the tax on the sale is now 33% on gain because of my domicile. France considers Switzerland outside of the EU. this is just too much for me to consider loosing and runs into a very large amount.For the previous years I was based in Germany on french property after 6 years the tax drops from 16% to 11% if you are based in any other EU country. what can I do how can I handle this.I thought about moving to the other side of the french border de-registering in switzerland and setting up my contracts there whilst commuting to switzerland on the train daily and working from home sometimes. But I suppose this causes some complications.For accountants this seems an impossible question and I cant get good advice only depends depends, risk.....If I have a french residents pass then i pay 0 tax. I would like to preserve my swiss job and setup some kind of structure that will enable me to sell my property with limited tax loss.If anyone has some ideas I would be really greatful.Paul W.