Real Estate Tax - Individuals
State real estate tax for Individuals
With effect from 1 January 2010, the real estate duty (ETAK) is abolished and it is replaced by a real estate tax. The tax is levied at the following rates: from 200,000 € at the rate of 0%, up to 800.000 € at a rate of 0,9% and over 800,000 € a rate of 1%.
Specifically, for years 2010, 2011 and 2012, real estate with a taxable value exceeding EUR 5 million is subject to tax at the rate of 2%.
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