With the population want to tear up more money for the design of housing

26.10.2012 12:00
Property News | With the population want to tear up more money for the design of housing People's deputy of the Party of Regions, the head of the parliamentary committee on finance, banking, tax and customs policy Vitaly Homutynnik to set the size of state duty for state registration of title to real property in the amount of seven non-taxable minimum incomes of citizens (nmdg), which represents by far 119 UAH. People's Deputy of the relevant initiatives contained in the bill number 8296-D "On Amendments to the Decree of the Cabinet of Ministers of Ukraine" On State Duty "on the rates for the state registration of rights to real commodity assets.

The document also sets the size of the state duty for state registration of rights and other clothing burdening the right to property in the amount of three nmdg. These state tax will be transferred to the state budget.

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Sponsor of the bill in a memorandum notes that the introduction of the rules of this document will contribute to the effectiveness of budget expenditures for the establishment and maintenance of a system of public authorities in the sphere of state registration of rights to real property, and to promote filling of the revenue side of the state budget of Ukraine.

The law, if adopted, will come into force on 1 January 2013. In Ukraine the State Registration Service (Ukrgosreestr), which from 1 January 2013 will be transferred from BTI function of state registration of rights to real estate, whereas the function of tehinventarizatsii persist for BTI.
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Content tags: Property Legislation Housing
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