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

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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/