Rus News Journal

In the Russian Federation with 2006. Successors are released from taxes

the Federation Council has approved today the law cancelling the tax to property, received as donation, for near relations and the tax to the inheritance.
According to the document, by become invalid are recognised a number of acts of the Russian Federation, among which law About the tax from the property passing as inheritance or donations . Besides, in connection with cancellation of the tax to the inheritance amendments abreast laws in force of the Russian Federation are made.
the law releases all categories of successors from the tax to the inheritance.
near relations are released from the tax to the presented property (spouses, parents and children, including adoptive fathers and adopted, grandfathers, grandmothers and grandsons, full both not full brothers and sisters). Donation of real estate, vehicles, actions, shares, shares is meant property donation. For other categories of citizens the rate of the tax to property at donation is established at a rate of 13 %.
the Law comes into force since January, 1st 2006.
For the bill 137 senators, against - 2 have voted, two more have refrained.
as it was marked in accompanying documents to the bill, the given norms are provided to execute the commission of the president of the Russian Federation on realisation of substantive provisions of its message to Federal meeting of the Russian Federation for 2005 .