After the Superior Administrative Court ("Verfassungsgerichtshof") had ruled that the Act on Court Filing Fees ("Gerichtsgebührengesetzes") cannot apply the tax base of the Real Estate Transfer to calculate the filig fees for entry in the land register beyond the end of 2012 anymore the fair market value needs to be applied for means of calculating the filig fees for entry in the land register. This inlcudes gifts and inheritances from Jan. 1st, 2013 on according to a draft currently in evaluation. Several exceptions apply. Should you intend to give away land&property you are advised to act quickly if you want to be able to apply the current rules.
