Have you completed an investment in 2023? Settle it by the end of January
Construction projects completed last year or those that were put into use in 2023 must be settled for property tax by the end of January 2024.
– Settlement means filing a return and paying property tax. Usually, the obligations in this respect will fall on the owner of the property in question, explains Paweł Wyporski, an expert in property tax settlement of investments.
Before the tax settlement, it is worth checking:
– has there actually been a completion of the investment or did it start to be used last year?
– have obligations arisen with respect to real estate tax?
– how to correctly classify the property?
– how to correctly calculate the tax payable?
Do you have a problem with the answer to any of these questions? We invite you to contact Paweł Wyporski, an expert in real estate tax settlement of investments.