Wednesday, June 1, 2011

The new law would make housing even more unaffordable

Today, Minister of Economic Development of Russia Nabiullina stated that the property tax based on market valuation and with a reduction factor for certain categories of people should be introduced gradually. "I support a tax on property and how the tax on a single object, and as a tax, which was built on a market valuation. We can go to him when completed cadastral valuation of all objects in most earlier - in 2013",

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