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The 3 percent amnesty, the delay in approval is conditioning the sale of apartments

2024-07-09 10:48:47Biznes SHKRUAR NGA REDAKSIA VOX

Experts request acceleration of practices for the officialization of the initiative "For the revaluation of real estate".

The proposal made by the majority deputies to restore the amnesty, or the revaluation of housing in exchange for a reduced tax liability, specifically 3 percent from the current 15 percent, arrived in the Assembly almost three months ago, but has not yet received approval by parliamentary committees.

Experts say that this delay in approving the initiative is being reflected in the market, significantly reducing the number of completed transactions.

From the studio of the "Box to Box" show, Demirxhiu also focused on the benefits that this initiative brings if it is approved.

The reduction of the tax liability from 15 percent to 3 percent for houses, defined in the draft, gives citizens the opportunity to update the value of their property. At the time of sale, the tax value is reduced several times less, while there are cases when it is even zero.

The revaluation is especially helpful to those families who want to sell or leave their house as collateral, since under normal conditions, the tax liability is 15 percent of the difference between the sale value and what the object is registered in the Cadastre.

From this amnesty, which will be the 5th in the span of three decades, the buildings, which are in the process of legalization, are also included.


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