Advice on real estate transfer tax

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When you buy real estate, you generally have to pay real estate transfer tax. The amount depends on the type of real estate. A lower rate of real estate transfer tax applies to housing than to non-housing. Sometimes it is possible to apply for a real estate transfer tax exemption.

Real estate tax consequences of a transaction

The amount to be paid on most real estate transactions is 6% of the real estate’s purchase price. For housing, the amount of real estate transfer tax to be paid is 2% of the purchase price. The acquisition of real estate does not always result in the payment of real estate transfer tax. For example, exemptions for real estate transfer tax apply in certain cases.

Meijburg & Co has a team of real estate experts at its disposal. They will ensure that the real estate transfer tax will be to your advantage as much as possible. If developments and transactions are properly structured, a real estate transfer tax liability may be limited or avoided.

For example, in determining the amount of real estate transfer tax to be paid, the status of the real estate is of importance. In principle, the acquisition of an existing old building is taxed with real estate transfer tax and exempt from VAT, while the acquisition of a building site (following the demolition of an old building) is usually taxed with VAT and exempt from real estate transfer tax. In many cases, depending on the purchaser’s VAT position, it is possible to choose either a transaction taxed with VAT or one taxed with real estate transfer tax.  

Advice on real estate transfer tax

Do you intend to acquire a (business) property and do you need advice on real estate transfer tax? Would you like to know what the real estate transfer tax consequences of the transaction are and whether there are possibilities to limit or prevent a real estate transfer tax liability? Our Real Estate team is here to help you. Through our specialist knowledge and extensive experience, we can provide you or your organisation with the best possible service. Feel free to contact us.

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