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bernete
Apprentice
Joined: 26 Jun 2005
Posts: 4
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 Posted: 01/29/08 - 05:34 Post subject: |
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| My parents are self-employed property developers and they are planning to sell significant part of it, they will still continue dealing, but that part of their property must be sold. They are confused with this question, what kinds of tax are they obligated to pay, income tax or capital gain tax? I am not able to help them, too. If somebody is, tell us, so that we can know that in front. |
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isador
Apprentice
Joined: 27 Dec 2005
Posts: 8
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| Posted: 02/28/08 - 01:11 Post subject: |
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| My mother is also self-employed property developer, her property is valuable enough to her, but I am not sure if it had increased a lot since she bought it. Anyway, she is showing interest these days to sell that property and I was wondering also what kind of taxes she will have to pay for that. I believed that she must pay for both, but now it seems so unreal, I mean it is, in the end, the same thing? Or not… |
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