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As expected there are changes in the VAT for transaction of real estate, that came to force in 2016.
If your partner in a real estate transaction is a VAT payer, a VAT-exempt transfer is usually not in your mutual interest, for it involves matching (non-deductible) inputs to such a transaction and adjusting procedures for a partial VAT claim due to a lower VAT coefficient.
The TPA Horwath Group is one of the leading tax advisory and auditing services companies in Central and South Eastern Europe.