Categories: business

The SFS is explained how to pay property tax to multiple owners

If the property is in common ownership of several persons, not divided in kind, then pay the tax will be one of the owners

The state fiscal service (GFS) explained the rules of payment of property tax and providing incentives to homeowners, citing Director of the Department of taxes and fees from individuals of the SFS Pavel Dronace.

According to the press service, if the property is owned by several individuals and divided in kind, to pay the real estate tax each owner for their share, if the property is in common joint ownership of several persons, not divided in kind, then pay the tax will be one of the owners according to their agreement.

It is noted that the privilege tax in this case is a citizen at the feet of a residential property which is his property as a separately registered in the state register.

“When the apartment is 150 square meters in equal shares are owned by two persons and two shares are considered to be in the registry as individual objects, each of them put on 75 square meters. Because the Tax code provides for the exemption of 60 square meters for each owner to pay both will be only for the “extra” 15 squares”, – quotes Cronaca press service.

According to him, if the property is not divided in kind and in the registry is considered as a single entity, which is owned by several persons, then taxed 90 square meters, as 150 squares reduced by preferential 60. This privilege will be granted only one of the owners who in the state was flat.

“The benefit is provided regardless of the number of apartments. But the tax breaks are not available for the objects that are used by owners to generate income. For example, if one apartment the person lives and the other leases, or uses as an office for business activities, then a second apartment levy tax without providing benefits,” – said Dronyak.

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