?New? Muscovites will pay taxes at a discount

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Owners of land and housing attachable to Moscow cities and towns can breathe a sigh of relief. More than ever, for his property to the state they do not have to pay. And many will even relief.

Budget and Finance Committee recommended that the capital Moscow City Parliament to amend the law of the city of Moscow ?On Land Tax?. Amendments, in particular, it is proposed that the rate of land tax on land provided by the merged July 1, 2012. to Moscow for the territories of private farming, gardening and dacha construction, at 0.025 per cent of their land value. The message of Moscow City Council notes that the same land in the capital are currently taxed at a rate of 0.3 percent.

For the remaining land in the merged territories are invited to Moscow to keep (until January 1, 2014.) The rate of land tax, which was lower than the tax rates that apply in Moscow.

In those cases where the land tax rates were higher than the capital, they will be reduced to the level of ?normal? in Moscow.

The good news is for owners of sites that had the land tax exemptions granted to them by the decisions of local councils of deputies. They continue, even if the law of Moscow for these categories of taxpayers? benefits are not provided.

Simultaneously, the Budget and Finance Committee of Moscow City Council approved changes to the law of the City of Moscow ?On the rates of tax on personal property.? According to the head of the Department of Economic Policy and Development of Maxim Reshetnikov, a number of municipalities in the merged territories of Moscow ? in Shcherbinka, Novofedorovskom, Kiev, Kokoshkino, Marushkinskom, Pervomaisk ? tax rates for apartments have been set lower than the capital. It was so, and they are prompted to save. ?This step will avoid increasing the tax burden on citizens ? the owners of premises located in these areas,? ? said M.Reshetnikov.

In other settlements, the tax on personal property will be charged at rates of Moscow. In some cases this will mean a significant tax reduction. Indeed, in Moscow, the highest level of tax rates on personal property does not exceed 0.5% of the value of real estate assessment of BTI, and the attachable to Moscow in the Moscow region it reaches 2%.

May 14, 2012

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