The government introduced tax changes

Changes to the Law on Local Taxes and Fees / LLTF / plans to increase the ceiling on property tax – from 2 per thousand to 2.5 per thousand. This was announced by the government news service, quoted by BTA. The change means that municipalities have the right to increase danaka.Povishava and the upper limit for the amount of tax on acquisition of property – from 2.5 percent to 3 percent.

Today, the social partners are discussing changes in five tax law, which include amendments to the Law on Value Added Tax / VAT /. The social partners have considered and planned changes in the ordinance for recording and reporting of sales at outlets by fiscal devices. Changes in the VAT Act provide for the provision of a remote link between the cash and fiscal O devices.

As is known, the greatest changes were associated with an increase in excise duties, particularly of cigarettes. But at the last moment dropped the proposal to increase excise duty on the hard alcohol. There are minor changes to the taxation of fuel and increase the excise duty on current business needs.

It is envisaged that keeping the flat tax. The most significant change in the PITA is charging tax on resale of property. It is envisaged that the introduction of a minimum period of three years for possession of a dwelling from which the income is not taxed on its sale or replacement. The current legislation allows the sale of which is tax-free income is to take place even in the same day in which the property is purchased, it is recalled in a press release.

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Finance