Property transfer tax for commercial buildings up
Effective date: 1 January 2021
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What changes?
The property transfer tax for premises that are not used for housing will go up from 6 to 8 percent. Examples of premises that will see the tax raised are office buildings, hotels or building plots for houses.
You pay property tax if you have bought or have been given immovable assets, such as an office building or land.
For whom?
- Entrepreneurs who own immovable assets, such as office buildings, hotels or building plots for houses.
When?
This change will come into force on 1 January 2021.