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4 years ago i paid capital gains of 12,000euro and invested in an apt ii germany which i now have to sell at a loss of over 20,000euro can I claim anything back fro tax office
Already Tried: this is my first time asking the question as the sale is only going through
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HiUnfortunately, I am afraid the capital gains tax is paid as a percentage of the gain on the property which you sold. The fact that a subsequent investment does not work out does not enable you to go back to the original profit and recover some of the CGT paid. John
Experience: Solicitor and Attorney