Own A House - real estate market news

In 2010 the Ministry of Finance and Ministry of Economics will prepare the amendment in the Tax code, providing introduction of the tax to the real estate instead of ground and property taxes.
As it has become known from the message of the Ministry of Finance, the Ministries have already prepared the schedule of development of the corresponding chapter of the Tax code. The schedule provides that the project of amendments will be prepared by the Ministry of Finance of Russia together with Ministry of Economy and Ministry of Justice and brought in the government of the Russian Federation per 2010 for the subsequent direction in the State Duma.
Inclusion into the Tax code of the Russian Federation of the chapter, adjusting the taxation of the real estate, the tax to the real estate can be entered in those subjects of the Russian Federation, where the cadastral account of real estate objects is being carried out and results of cadastral estimation of objects of the real estate are approved.