As of June 1st by decision of the Independent Authority for Public Revenue (IAPR)
The declaration of the
real estate transfer tax (RETT) can be submitted only electronically
as of June 1, according to a decision of the Independent Authority
for Public Revenue, in the effort to reduce bureaucracy and
inconvenience caused to citizens. The declarations of RETT that will
be submitted electronically only, concern real estate located in
areas where the system of Determination of Real Estate Objective
Value applies. According to the IAPR decision:
- One declaration per
buyer is prepared regardless of the number of sellers and transferred
real estate. Declarations concerning any other case of imposition of
RETT, repetition or correction of a contract, as well as sale of real
estate in execution of a preliminary agreement are submitted in
printed form. If the electronic submission of the declaration of RETT
is unavailable due to proven technical failure, the declaration is
submitted in printed form to the Tax Office at the request of the
person liable for tax payment.
- The declaration of RETT
is completed by the certified notary who will draw up the notarial
deed and is then submitted by the parties using their personal
TAXISnet codes. Regardless of the fact that the declaration is
completed by the notary, its submission by the parties implies the
acceptance of its content and of the accuracy of declared data. If a
primary residence exemption is requested, the submission of the
declaration of RETT stands, for the buyer, as a declaration of
honour.
- With the declaration,
the notary determines the value of the real estate, together with the
completion of the calculation sheets, the exemptions and the tax due,
and all relevant supporting documents are submitted.
