Is there a tax on the sale of the apartment?

When I sell a 2 + 1 apartment do I have to pay income tax? How much is that? Thank you Horáková
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1 Answer

Answer :

If you a) have been living in the apartment for at least two years before the sale b) have been living in the apartment for less than two years, but you will use the purchase price to buy another home (apartment, house) c) have owned the apartment for at least five years - you don't have to pay tax. Otherwise, yes, the tax is paid on the selling or estimated price, whichever is higher. The amount of tax is 4% of 75% of the price.
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