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Acquisition and Utilization of Land by Foundation: Planned Sale for Financial Support

  • Foundation acquired a plot of land in 2022 for its statutory activities
  • The plot was purchased from the founder of the foundation and already had buildings on it
  • Foundation plans to sell the plot to finance its activities and purchase a new plot
  • The sale will be conducted without a real estate agency and no power of attorney will be given to potential buyers
  • Foundation believes the sale is not subject to VAT, but individual interpretation suggests otherwise

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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