St. Petersburg officials favored a bill to abolish the VAT on the purchase of the leased premises SMBs

In October 2010, in St. Petersburg was approved by the project, waiving taxes entrepreneurs from small business when you buy rental properties. Thus, in the Commission's consideration of the Legislative Assembly of St. Petersburg on industry, economy and property law on introducing amendments to the Tax Code, allowing to abolish the VAT (value added tax) for purchase of state Property SMBs, renting it, the bill was approved. We remind you that the bill is now sent to the State Duma. There he will review the deputies of the federal parliament. With regard to authorship, the idea of ??the abolition of VAT in some cases belong to the Deputies of the Parliament of St. Petersburg. A similar project, they were sent to the Duma in May last year. With regard to the document itself, it St. Petersburg officials offered to cancel the payment of VAT on real estate under public ownership, who want to buy arendoderzhateli - SMB. Ie, those properties that are purchased (within the law "On peculiarities of the alienation of immovable property situated in the state-owned entities of the Russian Federation or municipal property and leased by small and medium enterprise development) by small and medium-sized businesses will not belong to objects subject to VAT pi sale. The new law are planning to distribute a particular relationship, which appeared earlier this year. We remind you that today the PSC by purchasing them as rental of state property pay VAT at 18% of property value. According to officials, such terms of redemption of real estate slows down the process. The representative of the St. Petersburg parliament: "We believe that the adoption of the bill on the abolition of VAT on the purchase of rental properties SMB sales will increase at least three times."