Sale of inherited property returned in the course of the ownership reform

If a successor sells the land or immovable, an essential part of what is a dwelling, and the bequeather received it through restitution of unlawfully expropriated property, then the sale of it is to the successor exempt from tax and is not subject to declaration.

If a successor sells the land received from the bequeather to whom the land had been privatised in the course of the ownership reform and the dwelling (excluding the dwelling used as a place of residence for the successor) forms an essential part of the immovable then the sale of such property is not tax exempt to the successor and it is subject to declaration.

16.07.2018