THE LAW OF THE REPUBLIC OF BELARUS
of December 23, 1991
ON IMMOVABLE PROPERTY TAX
ARTICLE 1. TAXPAYERS
Payers of the immovable property tax shall be legal persons irrespective of the forms of ownership, their subsidiaries, branches, representations and other isolated units, carrying out entrepreneurial activities, as well as physical persons.
ARTICLE 2. OBJECT OF TAXATION
The tax shall be imposed on the value of fixed productive and nonproductive assets, objects of and construction in progress, owned or possessed by legal persons, as well as on the value of buildings, belonging to physical persons.
ARTICLE 3. TAX RATES 1.
The annual tax rate on the immovable property owned by the state shall be established at 5 per cent, while on other forms of property - at 2 per cent. The annual tax rate on the immovable property imposed on the value of living houses with outbuildings owned by physical persons, as well as of buildings owned by house-construction and garage-construction cooperatives set up at the expense of individual contributions made by citizens shall be established at 0,1 per cent. 2. The annual tax rate on construction in progress shall be established at 10 per cent of the value of construction in progress in excess of the norm as it is at the beginning of the quarter of account.
ARTICLE 4. TAX PRIVILEGES 1.
The tax shall not be imposed on: - socio-cultural and living objects, as well as housing funds of local Soviets of People's Deputies, enterprises and organizations; - productive assets of organizations of the invalid societies; - fixed productive assets of communication enterprises; - installations, designed for the protection of the environment and the improvement of the ecological situation. The list of installations, designed for the protection of the environment and the improvement of the ecological situation, shall be determined by the National Committee on Ecology of the Republic of Belarus; - living houses and outbuildings, belonging to physical persons, who are age pensioners, invalids of the 1st ant 2nd groups, and to other disabled citizens, who have no members of their family, living with them and able to work; buildings, belonging to the families, whose heads are parents or spouses of servicemen, workers of the Ministry of Internal Affairs and the State Security Committee, killed or missed when discharging their duties; - living houses with outbuildings located in rural areas and owned by the right of ownership by citizens permanently residing in rural areas. 2. The tax shall not be imposed on the value of construction in progress for the construction sites and projects, frozen by the decision of the Council of Ministers of the Republic of Belarus.
ARTICLE 5. PROCEDURES FOR CALCULATING AND THE TIMING FOR PAYING THE TAX INTO THE BUDGET 1.
The tax shall be determined legal persons quarterly, proceeding from the availability of fixed productive and nonproductive assets by the residual value for the beginning of the quarter and 1/4 of the approved annual rate. Physical persons shall determine the tax, proceeding from the insurance value of buildings, belonging to them by the beginning of the year. 2. Legal persons shall calculate the amount of the tax independently and submit the calculated data to the tax authorities not later than on the 15th day of the month, following the quarter of account. In the cases, when the quarterly paid amount exceeds 100 thousand rubles, advance payments shall be made. 3. Physical persons shall pay the tax amounts to the budget on the basis of notices from the state tax authorities. 4. The tax on construction in progress in excess of the norms shall be calculated, when the deadline for the construction has expired. The tax shall be paid by a contracting construction organization - the prime contractor - from the profits, left at it disposal. The tax amount shall be determined, proceeding from the value of the construction in progress for the beginning of the quarter and 1/4 of the approved annual rate. 5. All tax amounts, collected from legal and physical persons. shall be paid to the budget of the Republic of Belarus. 6. The timing for paying the taxes shall be determined by the Council of Ministers of the Republic of Belarus.
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