The regular meeting on taxation of land plots with the type of permitted use of individual housing construction was held
Today the regular meeting on taxation of land plots with the type of permitted use of individual housing construction owned by legal entities and individuals was held in the Ministry of Land Property of the Republic of Tatarstan. The meeting was attended by representatives of the Chamber of Land and Property affairs of the Vysokogorsky Municipal District of the Republic of Tatarstan, Usadskoye and Vysokogorskoye rural settlements of the Vysokogorsky Municipal District of the Republic of Tatarstan.
The Tax Code introduced from January 1, 2020 a tax rate of 1.5% when taxing plots with the type of permitted use for individual housing construction used in business. Now the rate does not exceed 0.3% on average. Increased rates apply to individuals and organizations that have purchased land plots for subsequent sale in order to generate profit.
The meeting analyzed the list of land plots to be sent to the Tax Service for the application of an increased land tax rate.