Real estate transfer tax changes: Real estate buyers now have to be careful!
Real estate transfer tax changes: Real estate buyers now have to be careful!
As part of the upcoming legal changes in the Budget accompanying law 2025, the Federal Government is planning a significant tightening of real estate transfer tax (Grest) for real estate companies. The draft aims to expand the tax liability for shares in shares in order to relieve the public sector and to broaden the tax base. According to My district is currently being handed over to real estate tax if 95 percent of the shares of a society are handed over. This threshold is now to be reduced to 75 percent.
In a further step, a stricter regulation for partnerships is introduced. The draft law stipulates that the GrESt is triggered if at least 95 percent of the shares are transferred to new shareholders within five years. Corporations are also recorded by the new regulation. In addition, the observation period for shareholders is extended from five to seven years, so that indirect shareholders are also taxable.
What does it change?
The changes have far -reaching consequences for investors who work in real estate companies. The new regulation not only leads to an increase in the assessment basis for real estate companies, but also includes the tightening of the macroeconomic framework. The provisions come into force on July 1, 2025, which is why there is an urgent need for action for current transactions.
Fortunately, flood protection in the municipality of Rohrbach is also tackled, where preparations for the largest flood protection project are already being made. Rohrbach's valley and catchment area geography makes it necessary to plan forward-looking in order to avoid future damage. These measures are particularly important after events made a rethink in the community in June 2024.A look over the borders
The effects of real estate transfer tax are not only limited to Austria. In the course of a judgment of the Federal Finance Court (BFH) in Germany, companies that operate with an international structure when selling shares in land -based companies must also expect a real estate transfer tax. According to this applies this applies, regardless of the length of the participation chain, if 90 percent or more of the shares are transmitted.
With the new regulation on real estate transfer tax, international companies can also meet challenges. Restructures with a third-state connection are problematic, since the tax exemption under German law is subject to strict requirements and often does not apply.
The picture is rounded off by the diverse real estate transfer tax rates in Germany. Depending on the federal state, these vary between 3.5 % and 6.5 %, which is important for companies and buyers in order to correctly handle the tax obligations. pwc indicates that an early analysis of the tax risks for companies is essential.
The upcoming changes in real estate transfer tax are therefore not an easy topic. It will be crucial for investors to adapt to the new circumstances to minimize possible negative financial consequences.
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| Ort | Rohrbach, Österreich |
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