- Individual in Poland selling 1/3 share in property to Housing Cooperative
- Property acquired in 2022 for private residential purposes
- Sale motivated by economic reasons to avoid costs and time for independent construction
- Property not used for economic or agricultural activities, no steps taken to increase value or market for sale
- Sale considered private asset management transaction, not subject to VAT
- Co-owners are founding members of Housing Cooperative acquiring property in future
- Transaction falls within private asset management, not subject to VAT taxation according to EU and Polish legislation
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.
