Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Tax Rate on the Property of Companies will Grow in Moscow
20.12.2018 14:08
The Tax Rate on the Property of Companies will Grow in Moscow

The tax rate on the property of companies will grow from 1.5% to 2% in Moscow in 2018, as “Izvestia” reports, quoting the words of the city Department of Economic Policy and Development. The Ministry stresses the fact that the tax will reach the level established by the federal law: the level is set at 2%, but regional authorities have the right to determine the tax rate calculated from the cadastral value of the property at their own discretion.

      “Moscow legislation did not establish a tax rate for the beginning of 2019, due to this fact, we will use the tax rate applicable at the federal level in the amount of 2%”, the department told. Officials emphasize that the total tax burden on entrepreneurs will be reduced next year, because all movable property will not be taxed in 2019.

      Find more about Russian laws and consult our attorneys.



Author: Anna Dorozhkina

Tags: Russian laws     

Next Previous

You might also find interesting:

The Russian Venture Capital Market Grew by Almost 50% in 2019
Russia will Get its Cheese Valley
Restrictive Measures for Moscow Business have been Extended until May 31
Russian Online Cinema IVI will Conduct an IPO on NASDAQ
Sberbank has launched its SberMarket product delivery service

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Mercedes-Benz Fashion Week Russia  St. Petersburg Parks   Yevsey Yakimov  travel to Russia  Tver  Gligor Chemerski  Russian regions  music  Cities of Russia  disproportionate  Avachinskaya Bay  Russian artists  Weather Forecast  Ships  Moskvarium  Russian Cinema  satellite  Russian tourism  protest actions  Moscow  ASNARO  St. Petersburg  Theatre Festivals  Sergey Ozhegov  sea traffic  Exhibitions in Moscow  Russian exhibitions  Leonard Blavatnik  Leningrad Region  Russian Railways  Sochi 2014  Festivals in Moscow  Russian Arts and Crafts  SPIEF 2018  Fusion Reactor  corruption in Russia  Vandals  Russian oil companies  Regional Cuisines  Nikolai Miklukho-Maklay  Navalny  Worldskills Hi-Tech  space  Russian business  Nikolay Borodachev  Kaliningrad Region  Leningrad Zoo  Polymeric Memristors  Russian theatres  Russian journalists 

Travel Blogs
Top Traveling Sites