Slovenia: Chaos around Real Estate Tax Continues

Politics ♦ Published: March 27, 2014; 11:55 ♦ (Vindobona)

On Thursday the Slovenian National Assembley will pass amendments to the highly debated real estate tax.

The alterations to the real estate tax will eliminate the higher tax rate. / Picture: ©

The modifications are the response to much criticism by the Slovenian population. One of the issues being different tax rates for residential property depending on its occupancy status. The initial act became effective on January 1 this year and had scheduled a tax rate of 0.15 percent on residential properties if there were owners or tenants registered at the respective address, or at…