Upfront tax planning from the acquisition, through financing until divestment is crucial for effective real estate investments
Upfront tax planning from the acquisition until divestment is crucial for RE investments
Sizeable investments in Polish real estate usually require advanced tax planning in order to achieve maximum return for investors. Up-front tax planning may ensure a tax efficient acquisition of real estate via proper structuring of the transaction, effective financing structure for property acquisition, tax efficient profit distribution and exit from the investment.
KPMG has a team of tax professionals with extensive experience in serving clients from the real estate sector. We can offer comprehensive assistance in setting up investment structures for holding Polish real estate, due diligence procedures (both for share deals and asset deals), advising on financing structures which take into account the Polish thin capitalisation regime and withholding taxes, claiming VAT refunds on the acquisition of Polish property and investment costs, and setting up tax efficient exit strategies. We also provide assistance in facilitating seamless settlement of tax obligations arising from on-going rental activity.
Our broad experience is derived from numerous projects already realised, as well as liaisons and disputes with the tax authorities in respect of local tax provisions, tax related EU law and bilateral double tax treaties.