Calculation of the 5-Year Period for Shares Acquired During Restructuring or Reorganization
According to the State Tax Inspectorate’s position, the date of share acquisition is considered to be the day when the resident receives new shares following restructuring or reorganization.
This means that the 5-year period is recalculated from the date of restructuring or reorganization.
This period is important for applying personal income tax rates:
- If shares are held for more than 5 years – a 15% personal income tax rate applies,
- If held for a shorter period – progressive rates of 15/20/25/32% apply.
2026 Real Estate Tax Update
A €450,000 exemption has been established for primary residence, which applies from the month when the resident declares their place of residence in the dwelling.
The State Tax Inspectorate has clarified that a separate garage is not considered part of the primary residence, therefore its value is not included in the €450,000 exemption amount and may be taxed separately.
It has also been noted that hotel-purpose premises, even if a place of residence is declared in them, will not be considered a primary residence.
