Within the scope of legislative changes in 2016, it is worth to mention a change considered in connection with deduction of the tax of immovable property (former so called property transfer tax) with effect from 1 November 2016. The tax rate still remains four per cents, but the change lies in the person of the taxpayer. The transferor was the person up to now, unless parties to the purchase or exchange agreement have agreed that the tax will be paid by the acquirer of the immovable item. From 1 November 2016 it is already fixed (i.e. without possibility of the choice) that the acquirer or the purchaser shall be the entity liable to pay the tax.
