On 29th April 2025, the Supreme Administrative Court (SAC) issued a binding precedent regarding the interpretation and application of Article 10(1)(a) of the Personal Income Tax Code (PIT Code).
This ruling now clarifies that the sale of a hereditary share relating to a fractional interest in a real estate asset does not fall within the scope of the legal provision and, consequently, is not subject to taxation under PIT rules. It thus separates such cases from those covered by Article 10(1)(a) of the PIT Code.
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