Tax Fluctuations

On March 12, 2019, the State Duma rejected in its first reading the draft federal law № 438588-7 “On Amendment to Article 3 of the Federal Law “On State Cadastral Valuation” in connection with adopting the Federal Law “On Amendments to the Tax Code of the Russian Federation regarding the exclusion of the fiscal base identification in respect of objects under taxation on property tax of individuals and tax on property of organizations on the basis of their cadastral value”. A little earlier, the Just Russia party initiated amendments to the Tax Code in order to exclude the concept of cadastral value from the tax base. In an interview to Valentina Nikolskaya, a special correspondent for the ES magazine, Valery Karlovich Hartung, First Deputy Chairman of the State Duma Committee on Economic Policy, Industry, Innovative Development and Entrepreneurship, Deputy Head of the Just Russia faction, told about the essence of these bills.