VATupdate

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Ruling: VAT on Execution Sale of Real Estate

  • Concerns exemption from VAT for the sale of undeveloped real estate in enforcement proceedings
  • Possibility of applying article 43 paragraph 21 of the law for the sale of perpetual usufruct of developed land
  • Additional clarification provided on April 3, 2024
  • Description of future event involving enforcement proceedings for the sale of real estate
  • Details of properties to be sold by the enforcement officer
  • Acquisition of properties by the debtor in relation to business activities
  • Transaction exempt from VAT but subject to civil law transaction tax
  • Compliance with local spatial development plan

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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