When Are You Required to Submit a Real Estate Tax Return?
The obligation to submit a real estate tax return arises if, compared to the previous tax period, there is:
- A change in circumstances relevant to the tax assessment.
- A change in the taxpayer.
Deadlines for Filing the Tax Return
The tax return must be submitted by January 31 of the year following the year in which the change in circumstances or taxpayer occurred. So for the year 2025 you need to submit the property tax return until Friday, 31 January 2025.
In specific cases, such as when the registration of ownership rights in the land register has not been approved by December 31, the deadline is set for the end of the third month following the calendar month in which the registration was completed.
What Are Circumstances Relevant to Tax Assessment?
Circumstances affecting the amount of tax include, for example:
- Acquisition or disposal of real estate.
- Commencement of construction, completion, or beginning of use of a building.
- Extension, addition, or other modification of a building.
- Changes in the size, type, or purpose of use of real estate.
- Changes in entitlement to tax exemption.
- Revisions in the land register or changes in the land register of agricultural land (LPIS).
When Is It NOT Necessary to File a Tax Return?
It is not necessary to file a tax return if there is only:
- A change in the tax rate or the average price of the land.
- A change in coefficients (inflation, local, etc.).
- The occurrence or expiration of a tax exemption solely based on the law.
- A change in local jurisdiction.
Amendments to the Law Effective from 2025
Starting from the 2025 tax period, new obligations may arise due to amendments to the Real Estate Tax Act. Detailed information on these changes can be found on the Financial Administration website: Amendment to the Real Estate Tax Act 2024.
Conclusion
The real estate tax is determined for the tax period based on the status as of January 1 of the given year. It is therefore essential to monitor changes in property rights and other relevant factors that may affect your obligation to submit a tax return.
Contact our team in case of any questions. We are happy to make the related submission on your behalf.