KPMG member firms in the central and eastern Europe (CEE) region have prepared a guide about the tax law in each market with respect to real estate.
According to experts, the real estate market in Central & Eastern Europe (CEE) showed respectable growth in 2015 and is expected to grow steadily over the next 10 years, making the region a potential hot-spot for investors. But the devil is always in the details, especially when it comes to taxation on real estate.
More simply put, it is essential that investors know the specifics of how real estate is taxed in each specific market before they come to a decision.
As a guideline for such investors, KPMG practices in the CEE region have opened a window into the tax legislation specifics in each market with the release of the 2016 edition of KPMG's Guide to Taxes on Real Estate in CEE.
This year's Guide to Taxes on Real Estate in CEE (the 5th edition), contains detailed information and analysis on taxation relating to the real estate sector in 16 countries in the region.
KPMG's designated experts in each market train a spotlight on the benefits and burdens connected to taxation on real estate, i.e. the tax implications of financing investments and holding them – aspects like thin capitalization, dividends, withholding tax, interest and losses carried forward – as well as real estate tax and real estate transfer tax.
We are confident the detail-rich information and analysis provided by our network of Tax specialists in Guide to Taxes on Real Estate in CEE by our network of specialists in Europe demonstrate our deep expertise in providing Tax services to these markets, highlighting our leadership in this space.
© 2017 KPMG Baltics SIA, a Latvian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.
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