18 March 2008, 13:41
The Bill (Reg. No.1178-2) amends the taxation procedure of personal income obtained due to the sale of real and movable estate. Inter alia, the responsibilities of a tax agent are shifted onto the Parties (or one Party) of an agreement on real and movable estate alienation. Therefore, a notary becomes devoid of such responsibilities. Moreover, the relevant agreement is subject to notarial attestation, provided assessed value of real estate and the act on tax payment of contractual parties are available.
However, the Bill fails to include financial and economic certification, which makes it impossible to assess the consequences of its introduction.