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Discussion Starter · #1 ·
Due to health and tragic family cirumstances I forced to sell a new build property in France.

I failed to complet on the property but have now sold and I am just trying to work out my position.

Roughly VAT on the purchase was 120k and the sale is 80k.

I have read you i can offset the difference if within the 5 years only paying the surplus normally where you have made a profit. Nowhere really advises on where there is a deficit in making a loss can I claim the difference is this something my notaire will handle and how long does the refund take?

Thanks
 

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Discussion Starter · #2 ·
Excuse my spelling.

A couple of things that may or not be of relevance.

Did not complete on the property and listed with an agent who has sold the property and will complete using these fiunds.

There is a loss.

I have as yet not registered as resident as yet.

Thanks
 
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