In reply to A newbie all over again! by Annec
In reply to A newbie all over again! by Annec
If you mean INVIM, that was a tax payed by the vendor at the moment of the contract on capital gains in real estate purchases, I confirm it has been abolished.
When you sell you don't pay anytihng.
In only one case you could pay a tax and it is when you sell within 5 years with a gain (plusvalenza) in this case the gain (difference between the 2 prices) should be considered in your annual income. Considere that thanks to the declared price system, gains are rare to be showed.
Another hypotesis is whed you sell a buildible land, in this case you must always consider the gain even if you sell after 5 years from your purchase
Obviously I meant "PLUS valenza" - ML