Russia Tax Agency Clarifies Taxation of Land Plots Previously Occupied by Housing Stock – Bloomberg Tax

The Russian Federal Tax Service Dec. 6 posted online Letter No. BS-4-21/16491, clarifying the taxation of land plots, which were previously occupied by housing stock. The letter explains that: 1) a tax rate of up to 0.3 percent can generally be levied on land plots occupied by the housing stock and engineering infrastructure facilities of housing and communal complexes; 2) a different tax rate from the existing 0.3 percent rate must be levied if a residential building of housing stock is demolished and removed from the state cadastral register; 3) the Tax Code doesn’t exhaustively regulate how to apply a …
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