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REAL ESTATE TRANSACTION TAX
Structuring, exemptions and due diligence
Real Estate Transaction Tax is levied at 5% of the value of a real estate disposal, with a range of exemptions, each with its own conditions. We help owners, developers and companies structure the disposal and assess the exemption before execution, and review past transactions in an audit or an acquisition.
SCOPE OF SERVICE
What we cover
Transactions and Structuring
- Structuring the purchase and sale of land and residential, commercial and industrial property
- Transactions between related parties and within groups
- Transfers of property to companies and investment vehicles
- In-kind contributions, joint ventures, and sale and leaseback
- Exemptions, the conditions for keeping them and the risk of losing them
Execution and Due Diligence
- Due diligence on historical transactions and past exemptions
- Classifying the transaction and reviewing the tax base, calculation and documents
- Supporting developers from acquisition through to sale and exit
- Restructuring property portfolios and separating operating assets from real estate
- Reviewing assessments and preparing objections Tax Disputes →
INTEGRATED TRANSACTION REVIEW
An integrated review of the real estate transaction
On material real estate transactions we review the deal through a single lens before execution, rather than looking at each tax in isolation.
- 01Transaction structure
- 02Value Added Tax
- 03Real Estate Transaction Tax
- 04Contracts
- 05Cash flow
- 06Documentation
- 07Dispute risk
RETT ESTIMATE
A preliminary RETT estimate
An indicative estimate at 5% of the transaction value. Exemptions or special cases may change the result, and the estimate is no substitute for a review of the transaction and its documents.