Accepted at the twenty eighth plenary session of Inter-parliamentary Assembly of the State Parties of the CIS
(The resolution of May 31, 2007 No. 28-9)

THE MODEL TAX CODE FOR THE STATE PARTIES OF THE CIS

Special part

Chapter 6. Property tax

Article 1. General provisions

1. The property tax (further - tax) is established by the tax legislation of the country.

2. In case of establishment of tax bodies of the legislative (representative) authority of the country determine the status of tax (nation-wide or local), procedure for its introduction in action in the territory.

Article 2. Taxpayers

1. Taxpayers on property the organizations and physical persons are recognized.

2. The legislation of the country features of recognition of separate categories of persons can be established by taxpayers.

Article 3. Taxation object

1. The taxation object the real estate belonging to the taxpayer is recognized (including the property transferred to the temporary ownership, the order or trust management brought in joint activities).

2. Real estate for the purpose of this Chapter buildings, constructions, at home, the apartments, garages and other objects firmly connected with the earth which movement is impossible without disproportionate damage to their appointment are recognized. Reference of objects to property is made according to Item 2 of Article 13 of the General part of this Code.

3. The parcels of land and other objects of environmental management are not recognized the taxation objects.

Article 4. Tax base

1. Tax base is the property value, recognized by the taxation object, for the end of tax period.

2. The property value is determined on basis:

1) cadastral assessment or

2) inventory assessment or

3) book residual cost of fixed assets.

3. Methodical recommendations about cost determination of ratable property affirm the government of the country and act on all its territory.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info