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I would assume one can challenge that valuation with the tax authority or through the courts. A building isn't actually worth €300k if it can't be sold for €300
by charlesdm 10y ago
I would assume one can challenge that valuation with the tax authority or through the courts. A building isn't actually worth €300k if it can't be sold for €300k. If I buy something from a third party for €100k today, it's worth exactly that.
- mikeash 10y agoIf it were that easy, everyone would do it and the problem would go away. Tax authorities are often unreasonable when it comes to property valuations.