- Option for tax liability when selling an apartment
- Input tax deduction from the purchase of a condominium is excluded if the seller has not previously opted for tax liability under § 6 Abs 2 UStG for the sale
- The exercise of the option under § 6 Abs 2 UStG is not bound by any particular form, but requires the taxable treatment of the real estate transaction in the VAT return or annual VAT declaration.
- BFG, 28.09.2023, RV/3100312/2023
Source: leitnerleitner.com
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.
