Taxpayers
Businesses in possession of property objects which are identified as taxable objects
Taxable objects
Immovable and movable assets recorded in the balance sheet as fixed assets
Tax base
Annual average value of property
Taxable period
Calendar year
Reporting period
First quarter, halfyear, nine months of a calendar year
Tax rate
Is established by laws of the subjects (i.e. regions) of the Russian Federation and cannot exceed 2,2% of taxable value
Tax calculation
Tax base is multiplied by tax rate which is estimated for the reporting period and tax period
Tax payment
As established by laws of the subjects of the Russian Federation
Advance payment
At the endof the reporting period
Filing of tax return
In the endof the tax period