Real estate entrepreneur Tojner charged with tax evasion

The economic and corruption public prosecutor’s office (WKStA) did not announce on Friday who exactly she had accused. The only thing that could be read in the broadcast was that it was a Viennese real estate entrepreneur and an employee. The accusation: tax evasion in connection with five properties in Vienna.

The charge relates to the evasion of the real estate transfer tax in 2015. Instead of the real estate transfer tax actually owed of around 875,000 euros, only around 255,000 euros are said to have been paid. The amount of tax evasion is said to amount to around 620,000 euros.

Again Standard reported on Friday evening, it is probably none other than Heumark investor Michael Tojner.

He had bought up non-profit housing companies, including Riedenhof and Gesfö. The accusation is related to these transactions.

Significantly higher purchase price

According to the WKStA, the accused is said to have reported 7.27 million euros as the purchase price for five residential properties, one of them in Vienna Sievering.

In fact, he is said to have agreed in advance with another Viennese real estate entrepreneur on a total sales price of 25 million euros. This results in tax evasion of around 620,000 euros.

The other real estate entrepreneur involved in the transaction had filed a voluntary disclosure with the tax authorities in a timely manner and paid his outstanding taxes. Tojner is presumed innocent and the charges are not legally binding.

Opposite that Standard Tojner’s lawyer Karl Liebenwein explained that the indictment “concerns exclusively issues relating to real estate transfer tax law.” The allegations now made are “not comprehensible to our client in terms of content and will be decisively rejected in the further proceedings.”

By Editor

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