Whether or not to pay the tax on movable estates (property), registered on January 1, 2013 as fixed assets, from 2018 will be decided by the regions.
At the federal level, the tax on movable property tax taken into account since January 1, 2013, has been canceled since 2018. From now on, a decision on extending the relief benefit is to be taken at the regional level. In the event if the region does not retain the relief benefit, the rate for the tax on movable property during 2018 will not exceed 1.1%
In addition, the legislators envisaged the possibility of introducing additional regional relief benefits for the said property, from the date of issue thereof no longer than 3 years have passed, as well as on the property classified as innovative high-performance equipment (the region will be able to identify the property as innovative high-performance equipment independently).
In the Moscow region, for 2018 – 2020 a zero tax rate have already been set.
In Moscow, St. Petersburg and the Leningrad Region, the draft on tax reliefs for movable property is under consideration.
The Acsour can provide advice on the application of reliefs for movable property.