June 23, 2018

First Home buyers will be exempt from building tax for ten years

The Senate approved a draft law which provides that natural persons who purchased a house through the First Home program be exempted from paying the building tax for ten years. The draft law was initiated by Senators according to whom other European states such as France, Belgium or Great Britain practice such a tax exemption. The project must also be debated by the Chamber of Deputies.

Source: Bucharest Herald (read more)

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