Purchasing real estate outside the country. Point of interest of tax authorities

Acquisition of real estate outside the country remains within the scope of interest of KAS authorities, the Ministry of Finance said in response to PAP's question. According to information from the ministry, the National Tax Administration focuses on situations when the taxpayer's data shows a surplus of expenses over revenues.

PAP asked the Ministry of Finance whether the ministry monitors real estate purchases in the Persian Gulf countries.

“The purchase of real estate outside the country remains of interest to the authorities of the National Tax Administration (KAS). During analytical activities conducted by the National Tax Administration in the area of ​​revenues not covered by disclosed sources or coming from undisclosed sources, Polish residents are subject to verification,” the Ministry of Finance said.

After the US and Israel attacked Iran and Iran's retaliatory strikes on other Persian Gulf countries, it turned out that there was a large group of Poles there, numbering at least several thousand people. Some of them are tourists, but some are people who live, for example, in Dubai for tax reasons.

“The risk assessment related to expenses related to the purchase of real estate is the same for the entire group of taxpayers, regardless of the country in which the purchase was made,” the ministry added.

“The dominant criterion is the surplus of expenses over revenues determined on the basis of data possessed by the National Tax Administration, originating, among others, from the exchange of information with tax administrations of other countries. During analytical activities carried out in relation to the taxpayer regarding undisclosed sources of revenues, we always verify the expenses and revenues financing them,” said the Ministry of Finance.

At the same time, the ministry reminded that the mere purchase of real estate in another country does not result in tax liability in Poland. However, he emphasized that tax liability arises if “a Polish tax resident obtains income from it, e.g. from rent.” (PAP)

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