Lviv City Council approved the regulations on the tax on immovable property other than land that defines the size of the property taxes, the press service of the department. The tax rate for apartment living area of no more than 240 square meters. m and houses a residential area not exceeding 500 square meters. m is 1% of the minimum wage set by law at 1 January of the year for each square meter of living space.
In this case the tax rate for residential apartments of 240 square meters. m and houses a residential area of 500 square meters. m is 2.7% of the minimum wage for the 1st quarter. m of living space.
For reference, the Verkhovna Rada of Ukraine July 7 approved an amendment to the Tax Code on the proposal of the People's Deputy Andrey Pinchuk in the adoption of the Law on the improvement of the Code (№ 8217), under which the tax on real property other than land, will come into force on July 1, 2012 city, rather than from 1 January 2012 as previously envisaged.
The Tax Code provides a tax on property (Article 265) of up to 2.7% of the minimum wage (depending on the area of real estate) as a local tax from January 1, 2012 set the final size of his local council.