New major changes of the legislation regulating the sale of agricultural land located outside the build-up area are enacted by the Emergency Ordinance of the Government no.104/2022, published in the Official Journal no. 657 of June 30, 2022. The normative act provides for clarification in matters such as : calculation, withholding, declaring, and paying the 80 % supplementary tax due by the seller when selling agricultural land before 8 years since its purchase, by stating the underlying principles used therefor and the percentages to pay to the state and the local budget. Follows a brief overview of the main legal aspects to be considered when selling agricultural land located outside the build-up area. |
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