Decision No.616/1 issued by the Ministry of Finance on 20/08/2019 (hereinafter), has modified the direct estimations subject to the property tax for dwellings occupied by non-tenants (owners, usufructuaries and alike) as of 01/01/2019 as follows:
- Increase of 150% of the estimations attributable to occupations prior to 01/01/1997, after application of cost-of-living increases stipulated in Rent Act No. 160/92 for occupations prior to 23/07/1992.
- Increase of 125% of the estimations attributable to occupations carried out as of 01/01/1997 and until 31/12/1999.
- Increase of 100% of the estimations attributable to occupations carried out as of 01/01/2000 and until 31/12/2002.
- Increase of 75% of the estimations attributable to occupations carried out as of 01/01/2003 and until 31/12/2006.
- Increase of 40% of the estimations attributable to occupations carried out as of 01/01/2007 until 31/12/2008.
- Estimations attributable to occupations committed as of 01/01/2009 until 31/12/2014 remain unchanged.
- Decrease of 20% of the estimations attributable to occupations that occurred as of 01/01/2015 until 31/12/2018. However, taxes and real estate fees paid prior to the coming into force of said amendment are considered to be as a non-refundable Treasury right.