3 ms·
Yeah, and then the government will still tax the owner for the full self-assessed amount. Even if the full sale doesn't pay for the tax, and then prosecute you
by muyuu 10y ago
Yeah, and then the government will still tax the owner for the full self-assessed amount. Even if the full sale doesn't pay for the tax, and then prosecute you for the unpaid tax.
This already happens in many places with property inheritance tax in the EU. All across Southern EU the governments are valuing assets as in the peak of the bubble because it suits them.