When can inherited real estate be sold immediately without paying personal income tax? A groundbreaking ruling by the Provincial Administrative Court

The Provincial Administrative Court (WSA) in Rzeszów issued a crucial ruling for heirs seeking to quickly sell inherited real estate. It ruled that the five-year period of possession by the deceased, which determines whether the transfer is subject to personal income tax (PIT), applies only to the direct testator. This period can also include the period of possession by deceased ancestors.

Is PIT required for the quick sale of inherited real estate?