Russians who
sold economy class apartments in 2020 may be exempted from paying personal income tax (PIT) to the budget. The All-Russian People's Front (ONF) has approached the Ministry of Construction and the Ministry of Economic Development with such a proposal.
The ONF believes that the temporary abolition of the tax will activate the real estate market in the context of the crisis caused by the coronavirus pandemic.
The ONF proposes to exempt from payment of personal income tax by citizens who immediately after
sale of an apartment /">buy a new apartment on
new building market, or within a year from < a href="https://www.gjacip.ru/kvartira/prodat/">sales of an economy class apartment will purchase other real estate within the framework of state preferential
mortgage programs.
According to the current laws, after
the sale of an apartment worth more than million rubles, a citizen is obliged to pay income tax in the amount of 13 percent of the profits received. Personal income tax is levied on the difference between the price
purchase of an apartment and subsequent sale. In order not to pay this tax, a citizen needs not to
resell the apartment within five years. sale of an economy class apartment will purchase other real estate within the framework of state preferential
mortgage programs.
According to the current laws, after
selling an apartment worth more than a million rubles, a citizen is obliged to pay income tax in the amount of 13 percent of the profit received. Personal income tax is levied on the difference between the price
purchase of an apartment and subsequent sale. In order not to pay this tax, a citizen needs not to
resell the apartment within five years. sale of an economy class apartment will purchase other real estate within the framework of state preferential
mortgage programs.
According to the current laws, after
selling an apartment worth more than a million rubles, a citizen is obliged to pay income tax in the amount of 13 percent of the profit received. Personal income tax is levied on the difference between the price
purchase of an apartment and subsequent sale. In order not to pay this tax, a citizen needs not to
resell the apartment within five years. of economy class will purchase other real estate within the framework of state preferential
mortgage programs.
According to the current laws, after
sales of an apartment worth more than a million rubles, a citizen is obliged to pay income tax in the amount of 13 percent of the profits received. Personal income tax is levied on the difference between the price
purchase of an apartment and subsequent sale. In order not to pay this tax, a citizen needs not to
resell the apartment within five years. of economy class will purchase other real estate within the framework of state preferential
mortgage programs.
According to the current laws, after
sales of an apartment worth more than a million rubles, a citizen is obliged to pay income tax in the amount of 13 percent of the profits received. Personal income tax is levied on the difference between the price
purchase of an apartment and subsequent sale. In order not to pay this tax, a citizen needs not to
resell the apartment within five years. According to the current laws, after
selling an apartment worth more than a million rubles, a citizen is obliged to pay income tax in the amount of 13 percent of the profit received. Personal income tax is levied on the difference between the price
purchase of an apartment and subsequent sale. In order not to pay this tax, a citizen needs not to
resell the apartment within five years. According to the current laws, after
selling an apartment worth more than a million rubles, a citizen is obliged to pay income tax in the amount of 13 percent of the profit received. Personal income tax is levied on the difference between the price
purchase of an apartment and subsequent sale. In order not to pay this tax, a citizen needs not to
resell the apartment within five years.
