VATupdate

Share this post on

New Regulation: No VAT taxation on the sale of privately owned real estate

  • The text is a letter from the Director of the National Tax Information to an individual.
  • The letter confirms that the individual’s position regarding the tax consequences of selling a privately owned property is correct.
  • The individual had submitted a request for an individual interpretation regarding the tax exemption for the sale of privately owned property.
  • The property in question was purchased in 2015 and is currently unused and not connected to any business activities.
  • The individual intends to sell the property and use the proceeds for another personal housing purpose.

Source: sip.lex.pl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

Advertisements: