Tag: Tax
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Publication
International Real Estate Investors Required to Report
In 2021, Poland adopted new regulations to tighten taxation rules for transactions involving the sale of shares in real estate companies. Most of Poland’s double tax treaties included real estate clauses which stated that income from the sale of shares in a company whose assets mainly consist of real estate located in Poland would be …
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Recognition
Penteris Shines in Legal 500 Rankings
The latest rankings of The Legal 500, the prestigious Client Guide to law firms across the world, have confirmed our focus on providing high-quality legal and business advice to our clients. The Penteris team has been recommended and ranked by The Legal 500 since its inception and the latest rankings show that clients continue to …
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News
Loopholes in New Real Estate Tax Regulations
As of 1 January 2024, the purchase of a sixth and each subsequent flat is subject to an additional 6% tax on civil law transactions, which is to curb bulk purchases that can drive up prices. However, experts warn that the regulations have several loopholes and raise concerns about double taxation. The new rules are …
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