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What is the difference between land tax and real estate tax

  • November 25, 2024

Differences in land and real estate taxes, which should be taken into account

Unlike purchase tax, land tax (land tax) is not disposable. It is paid annually.

Calculated on the basis of assessing the value of real estate by tax authorities. There is a special table on which it is calculated. Many factors affect its size. In the same city, with the same object size, the level may differ three times. For example, in the city of Altenburg on the street near the station a house on a section of 110 square meters. m. It is taxed in the amount of 160 euros per year.

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