What is it really like with VAT on real estate sales? When is this tax payable and when not? What sale of the apartment is subject to VAT and what is the rate? Which properties are subject to VAT? What about renting a property? Should we also add VAT in this case?
You will find out all about this in this article. However, we do not intend to go into all the details of quite complex tax regulations. Thus, we present certain rules of VAT taxation of real estate turnover and rental and possible tax exemptions.