Obligation to declare income from the sale of standing timber, roundwood

If the sale is of standing timber or roundwood (including other property not subject to registration), and the difference between the sale proceeds and the acquisition costs does not exceed EUR 2,500 per year, then there is no obligation to declare income from such sale.

If the difference exceeds EUR 2,500, then such income must be declared at the end of the year, by 1 May of the following year.