What will be the consequences of late submittal of a transfer tax return?

If you file less than 60 days late (or exactly 60 days late), you must pay a late-filing penalty. Its amount is

  • €50 for individuals and estates of a deceased person
  • €100 for other taxpayers, and for third parties that have the obligation to file transfer tax (such as companies and real estate agents).

If your transfer tax return is late by more than 60 days, you have to pay a punitive tax increase. Read more about late-filing penalties and the punitive tax increase.