On Jan. 13, LTH Tax informed of commercial real estate declaration.
LTH Tax informed of declarations and advance notifications for commercial real estate.
Main Points
Companies and residents who own commercial real estate (RE) must declare and pay the 2024 commercial real estate tax through the Electronic Declaration System (EDS).
LTH Tax started sending advance notifications based on registers' preliminary data.
Companies must declare property owned by them and taken over from residents, and residents must declare buildings and premises for commercial purposes e.g., hotels.
The tax amount depends on the total tax value of all commercial real estate and the rates set by the specific municipalities where the real estate is located, i.e. 0.5-3%.