Different approach of states to real estate transfer tax? YES.

Do not miss our new contribution in the section „Did You Know…“

CAG members prepared a short comparison of real estate transfer tax in some countries. It turned out that states quite similarly burden transfers of ownership to real estate by a tax, regardless whether EU or non-EU state. An exception to this is represented by the Czech Republic in which this tax, after its application for long time, was finally cancelled in 2020. In relation to non-commercial real estate a rate usually varies between 0.1 and 4%. Most frequently it circles around 3–4%. It is generally calculated of the agreed purchase price, but it is normally secured against evasion of contracting lower than actually paid price, by a possible application of estimated price on the basis of various regulations. The rules in various countries differ in respect of a payer of this tax. Sometimes it may be a buyer, sometimes a seller, sometimes an agreement between buyer and seller about a payer of this tax is permitted. You can also notice that in some countries a tax is higher for transfer of commercial real estate and that sometimes the amount depends on its location or regulation of local authorities. For further details check out this link: http://cambellsgroup.eu/…k-bg-swe-tr/


News

09.01.2022

Different approach of states to real estate transfer tax? YES.

Do not miss our new contribution in the section „Did You Know…“

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31.12.2021

CAG members´ group video call - December 2021

December CAG members´ group video call

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11.12.2021

Acceptance of public documents within EU

You can benefit from the Regulation (EU) 2016/1191 (Regulation).

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CAG JOURNAL

Publications

11.12.2021

Tax on transfer of immovable property in CZ, SK, BG, SWE, TR

Is there any tax on transfer (or acquiring) of ownership of immovable property (land, buildings, flats) from a seller to buyer?

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