CHANGES IN THE TRANSFER TAXATION
The filing of the transfer tax has changed in November 2019.
When a real estate, shares in a housing company or other shares are bought, transfer tax must be paid. The changes concern the procedure for the filing and payment of the transfer tax. The changes apply to purchases that have been made on 1 November 2019 or later.
Each buyer shall submit their own notification of the transfer tax. Each buyer receives a reference number that is required in order to pay the tax. A buyer that is not a client of the Tax Administrator, for example a foreign buyer, shall first register as a client to receive the reference number. Please note also, that the bank account numbers have changed.
The transfer tax notification can still be filed in paper form if the transaction and the payment of the tax has been made before 1 November 2019.