No tax on the withdrawal of real estate from the company’s assets and transfer to its partners
25 April 2020
The partners of a partnership may withdraw the property component from the company’s assets without income tax and transfer it to the partners free of charge.
In the event that the partners of a partnership decide not to continue using the given asset (real estate, car) and decide to transfer it to the shareholders in the part corresponding to the equity, no income from personal income tax will be generated on the side of the partners. Judgment of the Supreme Administrative Court dated 30.01.2020, reference No. III FSK
510/18.