Do You Have to Pay Taxes When Buying or Selling Property? (Part 2)
Tax authorities are tightening their watch, cracking down on false claims of personal residence!
In Part 1, we analyzed Case No. D21/22 to understand how the tax office assesses your “intent” when purchasing property, which determines if you owe taxes on the sale. A key factor is the property’s usage; many claim “personal residence” to contest tax assessments, yet most appeals fail. This article reveals how the tax office gathers evidence to accurately gauge your actual residency.
