Home / Publications / Russian Ministry of Finance clarifies rules of property...

Russian Ministry of Finance clarifies rules of property tax base determination for financial lease arrangements

13/01/2022

On 14 December 2021, the Russian Ministry of Finance issued Letter No. 03-05-05-01/101642*, explaining the mechanism of the property tax base determination for leased items taxed at their average annual value. According to the Letter, taxpayers should define...

Read more