Current Legal and Economic Aspects fd the real Estate Transfer Tax in the Czech Republic and several other Countries
2014
Abstract
An impressive milestone of the Czech recodification occurred on 1st January, 2014, when the new Civil Code took effect. Its impact on the transfer of real estate tax regime was reflected through the enactment of new statutes, especially the legal measure of the Senate No. 340/2013 Coll., on the tax on the acquisition of real estate.
Since the Czech Republic is a member of the Visegrad group and of the EU, it is highly instructive to study the legal and economic aspects and impacts of the new real estate transfer tax system in the Czech Republic and compare it with matching systems in several other EU member states as well as the USA and Canada.