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Ruling: VAT on the sale of real estate by an individual

  • VAT on the sale of real estate by an individual
  • Description of future event regarding the taxation of the sale of a plot and VAT deduction related to the acquisition of the plot by a company
  • Seller is a Polish tax resident, owner of a plot with a history of ownership dating back to 1995
  • Plot was used for parking and services for a period of time, but has been unused since then
  • Part of the plot was taken over by the State Treasury for road construction, while the other part remains owned by the seller
  • Seller signed a preliminary sale agreement in December 2020, but the sale did not go through
  • Seller signed a letter of intent with another company in July 2022, but the agreement was dissolved after 4 weeks

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.

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