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Two weeks ago, almost on the sly, a legislative amendment was adopted that could solve one of the “hit problems” of the real estate market: the complicated process of selling parking spaces in a condominium building. The changes came into force on 2 May, so it is now up to market players to put the new provisions into practice.
Implementing private property investments using company assets is slowly becoming a national sport. While the approach seems tempting, it carries a lot of risk. And the tax authority, NAV, has this type of arrangement firmly in its sights.