Great news!The new tax that was being planned by the French government has been scrapped.
The decision to abandon the idea was taken over the weekend at a meeting between President Nicolas Sarkozy and the Minister of Budget, François Baroin.
The meeting was also attended by a group of senators representing French nationals living abroad, who would also be caught by the new tax.
The actual cost to home owners would have only been a few hundred Euros a year, but it is a great relief to home owners who are already struggling with the increased costs in running a second home.
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