Text file: 5173.txt
author: Geosonda
downvotes: 2
end consideration date: 2013-11-20
id: '5173'
number comments: 11
number views: 4625
proposal type: Competent authority response
response: "Response from the Ministry of Finance\nOn 15 November 2013, the National\
  \ Assembly adopted the Law on Real Estate Tax, which entered into force on 1 January\
  \ 2014 and was published in the Official Gazette of the Republic of Slovenia, No\
  \ 101/2013 of 9 December 2013. The entry into force of the Law will bring to an\
  \ end years of efforts to regulate this area in a systemic way and will eliminate\
  \ the inequalities in the treatment of real estate of the same type. This will put\
  \ all entities on an equal footing.\nThe Law establishes a systemic long-term measure\
  \ to comprehensively modernise the taxation system in Slovenia and to address the\
  \ shortcomings, interconnectedness and different legal bases of the existing system.\n\
  The Act provides for the assessment of tax to be uniformly linked to the central\
  \ register of immovable property, for the tax base to be the generalised market\
  \ value established by the mass valuation system for all immovable property to be\
  \ uniformly determined, and for the taxable persons, tax rates, exemptions and reliefs\
  \ to be uniformly determined.\nAs regards the tax base, it is provided that for\
  \ residential property, the tax base shall be taken as 80 % of the generalised market\
  \ value for 2014 and 90 % of the generalised market value for 2015, on a transitional\
  \ basis, thus allowing for a gradual transition to the higher average taxation of\
  \ residential property expected with the introduction of the property tax for the\
  \ most socially important type of real estate.\nThe government systematically encourages\
  \ taxpayers to ask for an invoice for goods and services purchased, hence the campaign\
  \ against the shadow economy with the slogan \"Turn on your wits, pick up the bill\"\
  . This is a way of communicating to citizens that asking for and taking an invoice\
  \ is an important contribution or factor in reducing the size of the informal economy.\n\
  The purpose and objective of the above proposal was also pursued by the Act on Amendments\
  \ and Additions to the Income Tax Act (ZDoh-2L), Official Journal of the Republic\
  \ of Slovenia, No 94/2012, which entered into force on 1 January 2013, with a change\
  \ in the taxation of rental income. The reduction of the standardised expenditure\
  \ for maintenance costs potentially increases the number of taxpayers who will claim\
  \ the actual costs on the basis of supporting documents and thus request an invoice\
  \ from the service provider.\nThe Government has adopted and is effectively implementing\
  \ measures against the shadow economy, which are one of the leading priorities of\
  \ the tax system, both to strengthen controls and to reduce administrative barriers\
  \ and tax burden on taxpayers.\nControl activities over employment and undeclared\
  \ work, which constitute a large part of the informal economy, are also being intensively\
  \ pursued and the envisaged amendment of the Law on Prevention of Illegal Work and\
  \ Employment will give the customs authorities additional powers in the area of\
  \ prevention of undeclared work.\nThe combination of measures in the form of an\
  \ appropriate distribution of the tax burden, easier tax compliance, effective monitoring\
  \ and measures to raise awareness of voluntary tax payment are expected to contribute\
  \ to reducing the informal economy while contributing to a more stable inflow of\
  \ budgetary resources.\n \n "
response date: 2014-01-13
response due date: null
sent date: 2013-10-22
title: Property tax relief for investments
upvotes: 16
url: https://predlagam.vladi.si/predlog/5173
