Slovenia Tax Agency Issues Guide on Property Tax

The Slovenian Financial Administration Jan. 16 issued a guide on property tax. The guide explains that: 1) holding, transferring or selling real property will incur a tax liability; 2) the tax base is the selling price of the property; 3) taxpayers have 15 days to file returns on gifts, inheritances or capital gains from real estate; 4) the tax base for gifts and inherited property is the value after deducting debts, expenses and other encumbrances on the donated property; 5) exemptions are available for gift and inheritance taxes; 6) capital gains are calculated according to the provisions of the Personal ...