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Some property owners will receive tax hikes
The Federal Tax Service told who and why will receive an increased payment for real estate tax at the end of 2020. Such measures are related to changes in the reduction factor used in the tax calculation formula.
As EastRussia was told at the Federal Tax Service, the distribution of tax notifications to individuals will be completed by the end of October. We are talking about taxes on residential premises, garden plots, garages and outbuildings.
Unlike 2019, this year the tax will be calculated based on the cadastral value of objects. The reduction factor in the calculation formula has also changed. It depends on the period of the beginning of the application of the cadastral value as the main value in the calculations, for each region it is different and ranges from 0,2 to 0.6.