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Tag: tax assessment

laptop lawyer property law

New law project on Tax Code modifications -the tax on buildings will be modified

This tax will be determined depending on the destination of the buildings – residential and non-residential buildings, differently from the present legislation providing tax assessment according to juridical personality of the owner: individuals or legal persons. Thus, for residential buildings, the tax rate will be between 0.08% – 0.2%. For individuals the basis for the […]