Tax on buildings, Fiscal Cadastre will be ready at the end of 2026

The fiscal cadastre, which is a key element for the proper implementation of the law on property taxation, will be ready at the end of 2026. In the document of the Sectoral Strategy for the Management of Public Finances 2023-2030 published in the Official Gazette, the government foresees that the implementation of taxation based on the market value for buildings, to start at the beginning of 2026, while the fiscal cadastre is expected to be finalized at the end of 2026, which may bring obstacles in this process.

Specifically referring to the document, by the end of 2025, it is expected to complete the drafting and approval of the legal framework (legal acts and by-laws) for the fiscal cadastre, the tax on land and real estate and the by-law for the assessment of land and property.

Meanwhile, until the first 3 months of 2026, the drafting of the institutional framework for the management and administration of the tax on the building is foreseen.

The establishment of the Fiscal Cadastre Information System (SIKF), its interaction with other systems and the extension to the municipality will start next year and will be completed at the end of 2026.

Also during this period, the piloting, building of capacities and institutionalization of procedures for the assessment of immovable property, the population and maintenance of immovable property data in the Fiscal Cadastre Information System (SIKF) are foreseen. In parallel, work will be done on improving the processes for collecting real estate tax and increasing the awareness of taxpayers. For plots, the new taxation system will start in 2028.

The recent property tax reform aims to increase revenue for municipalities by moving from a taxation system based on the average reference price for buildings and a simple area-based taxation system for agricultural land and land to a modern taxation system that taxes both buildings and plots, based on the market value of these real estates. The main challenge has been the creation of a comprehensive integrated real estate database. All registered real estate will be assessed based on market value.