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Capital Gains

There is information circulating that owners running Local Lodging businesses could face a Capital Gains Tax liability when selling the property or closing the business.
This information has not been confirmed!
Several institutions, including NALLE and the Finance Authorities, are working on the issue in order to answer this question in a satisfactory manner.
If you have heard of this rumour: don’t get spooked by it!
Keep an eye on our website, we shall publish an information about the issue as soon as it becomes available!

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June 2015
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