Single Property Tax

A single real estate tax will be introduced in Russia in 2012 – announced the Ministry of Economic Development and Finance. Who will suffer more: the rich or poor, the company has tried to understand Investment Advisor. A bill to impose unified real estate tax was passed by the Parliament of the Russian Federation in 2005. But because of the inconsistencies of ministries, and then there was a crisis, decided to postpone the project. Therefore, the tax on real estate in Russia may be introduced in 2012 with a three- transition period. Recall that we now have in the country, there are two kinds of taxes – on property and agricultural lands.

Of the concept of "single", just understand that it will replace these two taxes. The main organizer of this project is Ministry of Finance. They say that the maximum tax rate will not exceed 0.1% of the cadastral value of the property. But in the ensuing proraboty "rate can change up or down. With a rate of 0.1% majority of Russian citizens will not be an innovation's impact on the financial situation.

And there is information that, for low-income people, such as veterans, invalids, pensioners and soldiers developed tax deductions. While for the "rich" Russians, who own several real estate or large areas of housing, the Ministry of Finance experts are developing so-called "step-up ratio" – the more "extra" m, the higher the tax rate. Moreover, to determine what and how much is "excess" will be the local authority in accordance with the standards in each region. In general, it is assumed that individuals will pay a tax for owning a residential and nonresidential buildings, structures and land. For legal entities remain the property tax so that different organizations will pay only for residential properties and plots. Most of all may be affected by the introduction of a unified real estate tax retirees who have a large apartment in central Moscow that date back to Soviet times. The cost of these apartments is Tens of millions of rubles, and many elderly people now hardly even pay the minimum bill. But who will assess the value of the property and to whom to entrust this responsibility and how to ensure that assessment was carried out correctly, is still unclear. From the above we can conclude that the introduction of a new tax in each region could be affected both rich and poor Russians. It all depends on how will be held evaluation. Because the introduction of the new tax has one clear goal – to increase fund-raising in the state treasury.