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Real Estate
KLOKAR & PARTNER STANDS FOR HIGHEST COMPETENCE AND EXPERIENCE IN REAL ESTATE TAX LAW.
Property is a very popular investment for private individuals and companies. From a tax perspective, however, it has become a major challenge to untangle all the different tax rules that arise when buying or selling real estate. Depending on the legal form, there are different tax consequences in terms of income tax, VAT, real estate transfer tax and fees. We are able to support you in every single phase of your project: from the acquisition, the ongoing rental until the sale of the property.
Renting and leasing
Purchase and sale of real estate
Real estate transfer tax and real estate income tax
Special advice in an international context
Dr. Martin Klokar, MSc (WU) has already written comprehensive articles and commentaries on these topics.
FREQUENT QUESTIONS
ABOUT THIS TOPIC
We can take care of the registration with the tax office, the clarification of whether the letting should be subject to VAT or is VAT-free, the ongoing bookkeeping including the submission of the advance VAT returns (UVAs), the preparation of tax returns and advice on the optimal utilisation of expenses (e.g. refurbishment expenses, financing expenses, lump-sumps, etc.).
Transfers based on a purchase agreement and transfers by gift or inheritance have different consequences for income tax, VAT and real estate transfer tax. These depend on the type of transfer (“asset deal” or “share deal”). We are happy to help you, both from the seller’s and buyer’s perspective.
Real estate income tax (ImmoESt) and real estate transfer tax (GrESt), including fees, are tax burdens that should not be underestimated. There are numerous special and exceptional provisions (such as the manufacturer exemption or main residence exemption in the context of ImmoESt or extensive favours in the context of GrESt) as well as delimitation difficulties (such as commercial property trading). Optimising exemptions or reductions in real estate transactions, both in the business and non-business area, is one of our core competencies.
As a tax consulting firm that is specialised in real estate tax law, we are happy to take over the calculation of real estate income tax or real estate transfer tax. The co-operation ranges from answers to individual questions, to obtaining a second opinion on specific issues, to long-term close co-operation over many years.