





Real estate prices may grow on VAT introduction
Diana Coroaba, Senior Tax Manager within PricewaterhouseCoopers explained that VAT introduction should not affect the price, since it is not a cost but, on the other hand, the real cost will grow by the same amount as the acquisition financing effort.
Due to the recent introduction of VAT in real estate transactions between legal persons, deals made in 2007 may also be subject to taxation.