The real estate market in Central & Eastern Europe (CEE) is growing and is expected to expand in the next decade. For now the retail and office sectors are the most preferred, but the industrial and logistics sectors look to be the main drivers of the property markets in the future, according to international property advisors. Poland remains the most popular area of investment in real estate in the region.
Report provides an overview of the key tax aspects related to the real estate sector in 16 countries in CEE and focuses on the areas of value added tax, corporate income tax and capital gains, tax depreciation, tax implications of financing investments (thin capitalization, dividends, withholding tax, interest and losses carried forward) and real estate tax and real estate transfer tax as these relate to the real estate sector.
This 6th edition presents the most important tax benefits and burdens connected with operations in the real estate sector. The summaries were prepared based on the situation on 1 January 2016.