Changes in Inheritance and Donation Tax: Deadline Restoration and Tax Liability
The bill introduces changes to the Inheritance and Donation Tax Act, allowing for the restoration of the deadline for reporting the acquisition of property or property rights if the failure to meet the deadline was not the taxpayer's fault. The regulation also clarifies the moment the tax obligation arises in inheritance cases, linking it to the finalization of a court ruling, the registration of a certificate of inheritance, or the issuance of a European Certificate of Succession.
Key points
Restoration of reporting deadline: Possibility to restore the deadline for reporting acquisition (which conditions tax exemption for immediate family) if the taxpayer substantiates a lack of fault in the delay.
Moment of tax obligation: In inheritance cases, the tax obligation will arise upon the finalization of a court ruling, the registration of a certificate of inheritance, or the issuance of a European Certificate of Succession.
Deadline for tax return: Taxpayers have one month to submit a tax return from the day the tax obligation arises. If the acquisition is not reported on time (and the deadline is not restored), the time for the return is one month from the expiry of the original reporting deadline.
Foreign documents: If the confirmation of inheritance acquisition is made by a foreign authority other than a court, the issuance of a document by that authority is considered equivalent to registering a certificate of inheritance.
100%
VOTING RESULTS
2025-11-21
For
440
Against
0
Abstain
0
Status:
Enacted
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