Showing posts with label Property Tax. Show all posts
Showing posts with label Property Tax. Show all posts
Friday, December 31, 2010

Property Tax: loopholes million!

Property Tax: loopholes million! New Tax Code provides a clear procedure for calculating property tax. Since 2012 the owners of luxury living space will pay for the meters that do not fit into the norms established by the legislation. The necessity of introducing such a tax long overdue: and in order to cool the ardor of speculators, and for filling local budgets. C on the other hand, remained a number of unresolved questions on the methods of taxation. In addition, there is a question unclosed loophole for fans of square meters for re-registration of ownership ... and social injustice.

Pressure would all but public The introduction of the new tax will affect everyone who has a residential real estate. That it stands subject to taxation. However, the Code provides some restrictions - will not pay tax on housing, which is owned by the state or territorial communities, are also not taxed housing located in areas of exclusion or deportation. However, it is the section of exceptions experts just do not agree. In the Main Legal Department of the Verkhovna Rada, for example, when considering the Tax Code, noted: the rate of the exclusion from taxation of public housing violates the Constitution under which all the subjects property rights shall be equal before the law. In addition, one of the basic principles of tax law is the equality of all taxpayers under the law. On the practical side is also not going smoothly.

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