6% VAT on construction for houses sold or rented within two years and 7.5% IMT for foreigners
The Government presented on Tuesday a package of tax incentives for the housing sector that will soon be discussed and voted on in the Assembly of the Republic. The proposed law, approved on November 28 in the Council of Ministers, includes changes to VAT, IRS, IRC, IMT, and Stamp Duty with a single ...
Houses must be sold or rented two years after construction to benefit from 6% VAT
Following its approval by the Council of Ministers last week, the legislative authorization proposal that will allow the Government to implement a new package of measures for the housing sector is about to be submitted to Parliament. Among the proposals is that construction or rehabilitation works of houses must...