French authorities extend tax audit period for second-home owners
France's tax authority has officially extended the timeframe during which it can claim unpaid taxes from individuals owning second homes or vacant properties.
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According to The Local, French tax authorities have increased the period in which they may pursue unpaid tax claims from owners of second homes and vacant properties. This regulatory change expands the window during which the state can conduct audits and recover outstanding tax payments related to these types of real estate holdings. No further details regarding the specific length of the extension or the exact date of implementation were provided by the report.
Source: The Local. Read the original report ↗
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This brief is based on reporting by The Local.supports: The Local Europe