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The following are considered expenses incurred for the indicated purposes: Costs related to the purchase of a residential building, its part or a share in such a building, a residential premises constituting a separate property or a share in such a premises, as well as the acquisition of land or a share in land or the right of perpetual usufruct of land or a share in such a right, related to this building or premises; Costs of acquiring a cooperative ownership right to a residential premises or a share in such a right, the right to a single-family house in a housing cooperative or a share in such a right.Purchase of land for the construction of a residential building or a share in such land, the right of perpetual philippines photo editor usufruct of such land or a share in such a right, including the commenced construction of a residential building [...]; construction, extension, superstructure, reconstruction or renovation of your own residential building, part thereof or your own residential premises; expansion, superstructure, reconstruction or adaptation for residential purposes of one's own non-residential building, part thereof, one's own non-residential premises or one's own non-residential room. According to art. ( ) of the Personal Income Tax Act: In the case of incurring expenses for housing purposes in a Member State of the European.
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Union other than the Republic of Poland or in another country belonging to the European Economic Area or in the Swiss Confederation, tax exemption applies provided that there is a legal basis resulting from a double taxation avoidance agreement or other ratified international agreements to which the Republic of Poland is a party, for the tax authority to obtain tax information from the tax authority of the country in whose territory the taxpayer incurs housing expenses. Summary Apartment flipping largely requires a well-prepared plan, strategy and knowledge.
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