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Who is responsible for paying tax on additional value when purchasing real estate?

 

Who is responsible for paying tax on additional value when purchasing real estate?

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The buyer is required to pay tax on additional value of newly built real estate which is included in the total price stated in the sales contract, which frees him of paying the usual 5% property tax on purchased real estate. Unfortunately based on the Croatian Tax manual the buyer is not exempt from paying the property tax of 5% on the land underneath and surrounding the building in which he purchased realty.

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Želja d.o.o.
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Croatian Chamber of Economy

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ŽELJA ltd is registered under number 104/2012 of Real Estate Agencies Registar in the Ministry of Economy of Croatia, at Chamber of Commerce of Croatia.