Many thanks Pan! This is extremely helpful and I will use your complex formula to see if I come up with the same number as the tax office!
Now after reading your comments I'm just wondering (1) under what circumstances would one get no allowance and (2) if one qualifies for the 5 year allowance ...
Search found 2 matches
- 12 Aug 2011 02:24
- Forum: Selling Property
- Topic: Capital Gains Tax on Gifted Property
- Replies: 6
- Views: 29080
- 28 Jul 2011 04:31
- Forum: Selling Property
- Topic: Capital Gains Tax on Gifted Property
- Replies: 6
- Views: 29080
Capital Gains Tax on Gifted Property
Hello, I'm new to this forum, so please excuse me if I'm asking questions that have already been answered somewhere else.
Before she passed away a few years ago, my Aunt gifted to me her house in Cyprus (she was a Greek-Cypriot and citizen of Republic of Cyprus by birth, as am I). I understood ...
Before she passed away a few years ago, my Aunt gifted to me her house in Cyprus (she was a Greek-Cypriot and citizen of Republic of Cyprus by birth, as am I). I understood ...