Sold apartment, car or land? Congratulations on the deal! Now it's time to find out if you need to pay taxes.
The video contains everything the owner needs to know.
Basic rules:
Real estate (apartments, residential buildings, certain land plots):
- 0% - if this is the first sale of a year and property has been owned for more than 3 years (except for inherited property);
- 5% personal income tax + 5% military levy – if this is the second sale in a year or the property has been owned for less than 3 years, as well as upon the first sale of other real estate objects, except for those specified.
Movable property (cars, motorcycles, mopeds):
- 0% – first sale in a year.
- 5% – second sale.
- 18% personal income tax + 5% military levy – third and each subsequent sale.
Other vehicles (except for passenger cars, motorcycles, mopeds):
- 5% – first and second sale in the year.
- 18% of the personal income tax + 5% military levy – third and each subsequent sale.
Keep a short instruction that will help you avoid mistakes and unnecessary expenses.