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Economist: Tax Reform Risks Turning First Home Into Luxury for Young People
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The proposed tax changes for the real estate market risk affecting young families' access to their first home, warns economist Marin Gospodarenco. In an analysis published on social networks, the expert draws attention to three changes included in the draft of the new tax policy. According to him, the tax on capital gain from the sale of a home would increase by about 2.5 times. Currently, the effective taxation is about 6%, since only half of t…
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