New real estates 5 % VAT

The National Tax Office has issued a booklet to assist the applying of the discount (5%) tax rate in case of a new real estates how to interpret the concept of square meters of net floor space during the examination of the data specified by law.

The discount 5 % taxe rate is applicable for flats not bigger than 150 m2, or for houses not bigger than 300m2 net floor space.

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