REALWorld Law

Taxes

Other costs of distributions

Are there any additional costs/charges (other than tax) payable if income generated from an investment in real estate is transferred to the shareholders or partners in the relevant vehicle and who are these charges payable to?

Angola

Angola

No other costs regarding the transfer of income.

Argentina

Argentina

Due to the restrictions on access to foreign exchange, entities and individuals might encounter costs when transferring funds abroad. To make payments from Argentina to other countries, alternative methods, such as a Blue-Chip Swap, may be used.

Australia

Australia

No.

Belgium

Belgium

Not applicable.

Bosnia-Herzegovina

Bosnia-Herzegovina

No.

Brazil

Brazil

No.

Canada

Canada

No.

China

China

The fees of auditors, and legal and other professional advisors are payable in connection with the transfer of income.

Colombia

Colombia

No text yet.

Croatia

Croatia

No.

Czech Republic

Czech Republic

In general, there are no special additional costs or charges payable if income generated from an investment in real estate is transferred to the shareholders or partners.

Denmark

Denmark

No.

France

France

No.

Germany

Germany

No.

Hong Kong, SAR

Hong Kong, SAR

No.

Hungary

Hungary

No.

Ireland

Ireland

No.

Italy

Italy

No other costs would normally be incurred in relation to income generated in Italy.

Japan

Japan

Not applicable.

Netherlands

Netherlands

No.

New Zealand

New Zealand

No.

Nigeria

Nigeria

No additional costs apply in this regard.

Norway

Norway

No other costs are payable except the usual costs of advisors etc.

Poland

Poland

No.

Portugal

Portugal

If the income generated from real estate ownership is transferred to shareholders or partners, this income is only subject to taxes. No other cost or charges are payable.

Romania

Romania

The costs include professional advisors' fees (ie the fees of accountants, etc) and bank fees (ie exchange costs, money transfer fees, etc) and are negotiated for each particular case.

Slovak Republic

Slovak Republic

If the shareholders or partners or owners are natural persons compulsorily health insured in Slovakia, they are obliged to pay health insurance contributions to the respective health insurance company also from the income received from an investment in real estate. This does not concern tax exempted income and dividends (except for tax years between 2011 and 2016).

The obligation to pay health insurance contributions in Slovakia does not apply to foreign shareholders or partners who are not health insured in Slovakia.

Spain

Spain

No.

Sweden

Sweden

There are no specific charges imposed on the transfer of income other than the relevant taxes.

Thailand

Thailand

No, but if the shareholders or partners reside outside Thailand, a bank fee may apply.

United Arab Emirates - Abu Dhabi

United Arab Emirates - Abu Dhabi

No.

United Arab Emirates - Dubai

United Arab Emirates - Dubai

No.

UK - England and Wales UK - England and Wales

UK - England and Wales

No.

UK - Scotland

UK - Scotland

No.

Ukraine

Ukraine

A company is not required to pay any costs/charges (apart from taxes) in respect of income generated from real estate.

United States

United States

No.

Zimbabwe

Zimbabwe

There are no such other costs.