The law strengthened the protection of property rights to real estate
The Verkhovna Rada adopted the Law “On Amending Certain Legislative Acts of Ukraine regarding the Improvement of State Registration of Rights to Real Estate and the Protection of Property Rights” (Bill No. 5067). The capital real estate portal 100realty.ua explains the features of the new legislation.
Changes in registering title to real estate Continue reading
The decision of the Verkhovna Rada fundamentally changes the existing system for assessing real estate in Ukraine
On November 12, the Verkhovna Rada adopted a law establishing new rules for evaluating real estate in Kiev and throughout Ukraine. Deputies adopted bill No. 2047-d “On Amendments to the Tax Code of Ukraine regarding the elimination of the corruption scheme in the field of registration of information from reports on the valuation of real estate and the transparency of the sale of property”.
In order to adopt the legislative act, 340 people voted as the basis, and in order to reduce the time for making amendments – 314. Continue reading
Due to the adoption of new laws, significant changes are expected in the taxation procedure for real estate transactions
In 2020, in Ukraine, sellers and buyers of real estate will still have to pay taxes to the state. This also applies to tenants. What taxes are in real estate transactions in 2020, who is obliged to pay them, and what has changed in the legislation, was found out by the portal “Capital Real Estate” 100realty.ua.
Taxes on the purchase / sale of real estate in 2020
In 2020, Ukraine will have to pay taxes to both buyers and sellers of real estate. Continue reading