Asset transfer tax at 1.6 % of the sales price must be paid on the transfer of ownership in securities.

Securities refer to, for example, stocks. If the object of sale is a partner's share in a general or limited partnership, asset transfer tax is not payable. If the object of sale is a private undertaking that owns business premises, the share of the sale price attributable to the premises is subject to asset transfer tax at 4 %.

The buyer or other transferee of securities must pay the asset transfer tax without prompting and submit a notification on the tax to the local tax office at its place of residence within two months of the completion of the contract of transfer. The notification is filed using the form VEROH 6012 confirmed by the tax administration. Upon filing the notification, the buyer must present a receipt for the payment and the contract of transfer. If securities are transferred through a real estate agent, the buyer must pay the tax when completing the contract of transfer.

The asset transfer tax on real estate is payable without prompting before filing an application for title. Such an application must be filed within six months of the completion of the contract of transfer. If an application for title is not filed within the specified period, the tax will be increased by 20 % for every six-month period or part thereof. However, this can only double the tax at maximum.