TAX ALERT – Abolition of real estate transfer tax


TAX ALERT – 29.9.2020. One of the significant legislative topics of this year has been the abolition of real estate transfer tax. The tax was abolished through a law adopted on 25 September 2020 and the real estate transfer tax is thus a thing of the past. You will find a lot of practical information, such as how to request a refund of real estate transfer tax already paid, in our article. We recommend that you read it in its entirety. We have also covered the relating changes in income tax law provisions there.