Suppose:
- Purchase price: €250,000
- Deductible costs on purchase: €25,000
- Total purchase costs: €275,000
Net proceeds of sale: €310,090
Profit: €310,090 – €275,000 = €35,090
CGT: 19% of €35,090 = €6,667.1
Refund: The seller paid €10,500 as 3% withholding tax. He gets €3,832.9 back (€10,500 – €6,667.10).