Selling in Paris means tax at home

Updated September 6 2015 - 5:13pm, first published September 4 2015 - 2:25pm

My mother purchased an apartment in Paris in 2000. In 2004, she migrated to Australia to live with me and has been renting out the apartment. She has recently passed away and I have inherited the apartment. Will I have to pay tax if I sell it? 

NOT ALL BAD NEWS: When it comes to capital gains tax, you can generally get an automatic 50 per cent discount on the gain for assets owned longer than 12 months.
NOT ALL BAD NEWS: When it comes to capital gains tax, you can generally get an automatic 50 per cent discount on the gain for assets owned longer than 12 months.

I am sorry to hear about the passing of your mother. 

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Wodonga news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.