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New French Tax on Vacant Properties: A Comprehensive Guide
France is streamlining its approach to addressing housing shortages and encouraging property occupancy with a new tax on vacant homes. Replacing a previously fragmented system, the taxe sur la vacance des locaux d’habitation (TVLH) aims to incentivize owners to rent or occupy properties that have been left empty for extended periods. This article provides a detailed overview of the new tax, its implications, and how it differs from previous regulations.