Taxes in Real Estate

Course content
Within the course Taxes in Real Estate, participants will be acquainted with an overview of taxes they may encounter in real estate transactions. In particular, they will focus on the subject of income tax, its basic principles and impact on real estate, e.g., in technical appreciation or, e.g., in decommissioning. Attention will also be paid to the issue of tax vs. accounting depreciation and the related issue of deferred tax. After completing this course, participants will orientate not only in the domain of income tax but naturally also in the aspects of property taxes (real estate tax) and indirect taxes (VAT). Tax issues are presented along the associated linkages, i.e. in the context of their impact on the real estate market.