2 days ago
Viladomy Eden: Live in a Place Where the City’s Tempo Slows Down
Svoboda & Williams’ real estate portfolio now includes the Viladomy Eden residential project. In a peaceful part of Prague 16 – Radotín, where low-rise family homes gradu...
- Real Estate News
- As of November 1, Property Acquisition Tax to be Paid by Buyer
As of November 1, Property Acquisition Tax to be Paid by Buyer
31.10.2016
In connection with the legislative changes regulating the collection of the property acquisition tax, Svoboda & Williams displays prices of sales properties without this tax. The reason is that the payer of the property acquisition tax is, from this date on, always the buyer. What remains unchanged is the rate of the tax which amounts to 4% of the tax basis. The tax basis is either the sales price of the property, the usual local property price, or the price determined by an expert valuation, always the highest of these.
