2021 tax changes affect real estate investors in Poland

14 April 2021
Foreign investors who hold shares in Polish real estate companies must comply with legislative changes that went into effect at the beginning of this year. Polish authorities introduced the tax laws to close loopholes.

Among the changes is a new definition for a “real estate company” in Poland. Under certain circumstances, these companies have new tax obligations. These changes have among other things reduced liquidity in the local real estate market.

In a recent article for EurobuildCEE magazine, Kobus de Lange, Managing Director CEE, Vistra comments on the new obligations in Poland, including how they affect investors and how they compare with real estate tax legislation in other countries in Central and Eastern Europe.