New forms of the corporate property tax advance payment calculation and declaration have been introduced by the RF Federal Tax Service Order No ММВ-7-21/271 of 31 March 2017. Taxpayers can submit corporate property tax advance payment calculations for 2017 in accordance with the new form.
The form has been developed with the tax legislation amendments taken into account and with the use of new codes of taxable property and property for which tax exemption is granted. Section 2.1 has been added to the form - “Information on immovable property items taxable at an average annual cost”. The section should include:
The amount of depreciable value should be stated in the tax declaration as at 31 December of the reporting year, and in the advance payment calculation - as at the end of the reporting period: 1 April, 1 July or 1 October respectively.
The Federal Tax Service Order is to be applied starting from tax returns for the 2017 tax period.