Calculation of corporate property tax

The property tax of organizations is a regional tax, which means that the tax rates are established by regional regulations within the limits regulated by the Tax code of the Russian Federation.
The property tax of organizations is a regional tax, which means that the tax rates are established by regional regulations within the limits regulated by the Tax code of the Russian Federation. Taxpayers of property tax are legal entities that own movable and immovable property related to the object of taxation and accounted for as fixed assets on the balance sheet of the enterprise.

Property tax is calculated according to the formula: Continue reading →