[lurcher21]

Is there anyone on the forum who can please explain how the TVA is calculated on the sale of a property in Morocco? Is it calculated by deducting the purchase price of the land from the selling price of the completed property? If so, what percentage? How much approximately should be payable if the selling price of the house is 1450000 dhs and the purchase price of the land is 300000 dhs. We have been badly misinformed by the Notaire handling the sale of our property, who prior to the sale told us the maximum taxes payable (both TPI and TVA) would be no more than approximately 50000 dhs. This was a blatant lie and we have found ourselves paying so much in taxes that we are actually losing money on what the property cost us almost 10 years ago!! Is there a way of making a formal complaint against a notaire in Morocco - or are they a law unto themselves? The notaire knew full well that these amounts would have to be paid prior to us signing the Acte de Vente - as she was and still is holding a large chunk of the sale proceeds until these taxes are paid and we have the Quittus.