No more “keeping cash in the walls”. The left wants to tax the third and subsequent apartments

On Friday, New Left politicians presented a bill introducing a tax on the housing business. The tax is to be charged on the value of the third and each subsequent apartment. Ultimately, it is to reach the ceiling of 1.5%. on the value of the apartment.

– This is the moment when we want to release capital that is not invested where it should be. We want to free apartments for those who need a roof over their heads, not for those who keep money in these apartments. (…) That is why the Left proposes a new solution. Tax on the housing business – said the head of the Left Club, Anna Maria Żukowska, at a press conference in the Sejm.

As she emphasized, the project's assumption is to tax the third and each subsequent residential property. – In this way, for the first 5 years from the introduction of this tax, taxation will amount to 0.5%. real estate values. (…) Over the next 10 years, the tax will increase its value by another 0.1%. annually (…) ultimately, after 10 years, this tax is to reach 1.5%. real estate values ​​- she explained.

The MP emphasized that such a specified time to reach the final tax amount is dictated, on the one hand, by the desire to “release the real estate”, and on the other hand, it is to give time to “the so-called existing investors who (…) invested their capital in real estate to have time to sell them”.

According to Żukowska, the new tax will affect just over 1%. society. – Because so many people own more than one apartment – she emphasized. She added that which of the apartments owned will be taxed will depend on the moment of purchase of the property.

– This will apply to all apartments owned by a given person throughout the country. The tax will go to local governments and local governments will also have the option of applying ranges, i.e. either increasing this taxation or remaining within the lower limit, she added.

The value of apartments, on the basis of which the tax will be levied, is to be estimated on the basis of the government portal DOM – the Housing Trade Data portal; it is scheduled to be launched in 2027. If a given property is not included in the transaction list, the project assumes that the conversion rate of the replacement cost of one square meter of usable area of ​​residential buildings, i.e. the average construction cost per square meter, will be based.

According to the project, municipal companies, Social Housing Associations, Social Housing Initiatives, housing cooperatives, owners of apartments who have leased their apartment to a social rental agency, owners of training and supported apartments and state legal entities are to be exempt from tax. (PAP)

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