Property taxation existsfor millennia. It was already used in the Roman Empire, and for many centuries it was the main form of replenishment of the state treasury. In the ancient world, requisitions of this kind were made in relation to individuals rather, since monies and real estate owned by a particular person were taxed. Today, property tax for individuals and legal entities is calculated differently.

Как считать налог на имущество для физического faces? In order to find out, you need to refer to Federal Law No. 2003-1, adopted on December 9, 1991. It defines a list of persons who are taxpayers - these are the sole proprietors of the property, as well as those who own property on the basis of common joint or common share ownership. Also listed is a list of objects of taxation, among which there are shares in common ownership, garages, villas, rooms, apartments, residential buildings and other buildings. Thus, in accordance with this law, you can learn how to calculate the tax on property that is immovable.
The law specifies tax rates - from 0.1up to 2.0 percent of the total inventory (non-market) value of taxable objects. The latter is established every year by the federal authority authorized to conduct cadastral activities as of January 1. And on its basis, the tax authorities independently calculate the amount of tax payable, and send a receipt at the place of registration of the taxpayer. The likelihood of errors in the calculation of tax amounts is always present, so it’s best to know how to calculate property tax.

Tax on certain “movable” property inRussian practice is represented by transport tax. It is calculated on the basis of the requirements of Chapter 28 of the Tax Code of our country, where it is indicated that the payers are persons (legal and physical) for which a vehicle is registered (car, aircraft, watercraft, etc.). The tax rate is calculated on the basis of engine power and mode of transport, and ranges from 1 to 200 rubles (for each horsepower). Individuals are well aware of the subtleties of how to calculate the tax on property of this type, because they will receive a receipt for payment again by the tax authorities. But legal entities make the transport tax calculations themselves.

Also legal entities independently calculateother payments. Therefore, an accountant should know how to calculate the property tax of the organization. The peculiarity of taxation in this case is that the tax is calculated both in respect of immovable and certain types of movable property held by the organization or transferred by the organization to trust management, temporary ownership, etc. Charges are made for the sum of the average annual value of property objects and is not more than 2.2% of this figure. The specific rate is determined by the subjects of the Russian Federation. Detailed information on how to calculate the tax on the property of a legal entity is described in detail in Chapter 30 of the Tax Code of the Russian Federation.