We announce the latest two installments of our series of Awara Russian Tax Guide, the chapters about corporate property tax and individual property tax.
Effective of January 1, 2013 there is a major change in the corporate property tax. Movable assets which have been recorded as fixed assets (in company’s accounting balance) are now excluded from the tax base. This means that the movable fixed assets which have been acquired earlier (before January 1, 2013) still remain taxable.
You can access corporate profit tax article in our blog here.
The article on individual property tax can be accessed here.
For earlier chapters from the series of Awara Russian Tax Guide, please, refer to here.