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INNOVATIONS IN TRANSPORT AND LAND TAXES

INNOVATIONS IN TRANSPORT AND LAND TAXES Privileges The Federal Tax Service of Russia has changed the procedure for receiving and considering applications for privileges on transport and land taxes (Letter of the Federal Tax Service of Russia dated September 25, 2019, No. BS-4-21 / 19518 @). So, from this year it is necessary to fill out a new application form to receive benefits. The document and its attachments are accepted by employees of any tax office. But the issue will be resolved by the territorial office where the taxpayer is registered (three working days from the date of receipt of the forms are allotted to send documents to the relevant IFTS). Acceptance and consideration of documents will be refused if there are no mandatory attachments, the requirements for design and format are violated, etc. Declaration and errors Payers of transport and land taxes are exempt from filling out tax returns for  Accountants in Walsall  2020 (Federal Law ...

NEW PROVISIONS OF THE TAX CODE OF THE RUSSIAN FEDERATION REGARDING PROPERTY TAX

  Taxation of objects by cadastral value Since 2020, when taxing property based on its cadastral value, it does not matter whether the property is listed on the balance sheet as a fixed asset. The cadastral value tax may be paid in relation to other real estate objects specified in sub. 4 p. 1 art. 378.2 of the Tax Code of the  Walsall Accountants . For example, it can be objects of construction in progress, parking lots, single real estate complexes, etc. It all depends on the regional legislation of the Russian Federation (Letter of the Ministry of Finance dated 02.10.2019 No. 03-05-04-01 / 75869). Declaration and quarterly calculations Since 2020, quarterly settlements for advance payments have been canceled (Article 386 of the Tax Code of the Russian Federation as amended by Federal Law No. 63-FZ dated April 15, 2019). At the same time, advances are calculated and paid as before: in the amount of one-fourth of the product of the corresponding...