Agreement of the gift of a motor vehicle

When the gift contract for the subject has a motor vehicle, the contract must be concluded in front of the notary. The notary will ask for the identity cards of the contracting parties and the traffic license. After the conclusion of the gift contract, there is an obligation to submit a request for payment of gift tax to the competent tax administration, which request must be submitted within 15 days from the date of conclusion of the contract.
Obligees who are in the first line of succession in relation to the donor are exempt from paying gift tax. This practically means that a gift of a motor vehicle to a child or spouse will not be subject to taxation. Obligees who, in relation to the donor, are in the second line of succession according to the legal order of inheritance, pay inheritance and gift tax at a rate of 1.5% . Taxpayers who, in relation to the donor, are in the third and further line of succession, regarding, taxpayers who are not related to the donor, pay inheritance and gift tax at a rate of 2.5%. After the tax has been settled, the new owner – the recipient of the gift – goes to the police station where he gets a new driving license in his name and thus transfers the ownership of the motor vehicle.