
Common mistakes when paying personal income tax on income from the sale of real estate and transport
When selling real estate or vehicles, individuals may receive income from the increase in value that is subject to taxation. This applies, among other things, to property received as a gift or inheritance.
At the same time, the taxation procedure depends on the type of property, the period of ownership and the cost of its sale.
In what cases is there an obligation to pay personal income tax, how is the income from the increase in value calculated, when is it necessary to file a declaration and pay tax?