When selling a property, not only the buyer may be subject to a tax payment obligation, but the seller may also face tax payment and declaration situations. But what is the tax after selling a property and how do we calculate it? We will help you with this now. In our article, we only explore the personal income tax payment obligation arising from the sale of residential property by individuals,...
In Hungary, the law requires us to pay taxes on our income and to pay property acquisition tax in the event of property acquisition. What do we mean by property acquisition tax? How do we pay the tax, and is it possible to be exempt from the obligation? Are there any discounts? What is the property transfer tax? Retroactive property transfer refers to a property exchange between contracting parties...
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