Putin signed a law on writing off debts of physical persons under property taxes
Russian President Vladimir Putin signed a law under which individuals charged arrears of property tax formed on 1 January 2015. Also recognized to be uncollectible and written off debts of individual entrepreneurs as of 1 January 2015.
The document is published on the official Internet portal of legal information. The law was passed by the state Duma on December 21 and approved by the Federation Council on December 26.
To hold an Amnesty for 50 million people, including individual entrepreneurs, Vladimir Putin proposed at the annual big press conference. Under the bill, the tax will be able to write off the debts on property taxes accrued on January 1, 2015, as well as fines.
According to the Federal tax service (FNS) on January 1, 2015 the total debt of people in property taxes, not counting penalties, exceeded $ 115 billion. Since part of the debt could be repaid. The same applies to debts of individual entrepreneurs that accrued before January 1, 2015 will be Charged taxes, excluding severance tax, excise tax and export VAT.
According to the Chairman of the Duma Committee on budget and taxes Andrei Makarov, the forgiveness of tax debts to citizens and individual entrepreneurs will cost 150 billion rubles.