If flat is new with a mortgage, owned less than a year, what taxes need to be paid if to sell and who pays what?
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If flat is new with a mortgage, owned less than a year, what taxes need to be paid if to sell and who pays what?
Judge, as far as I know the tax on the capital gain for selling the apartment owned for this period of time is 13% for a tax resident and it is paid by the owner of the property. If you sell it for a loss, there is no tax.Quote:
Originally Posted by Judge
There are some exemptions. For example, taxes are lower for apartments owned by pensioners and children. Is the owner a pensioner?
This is a pretty good summary. It's in Russian but you can use Google translate to read it in English. Also, I'd contact a tax advisor if I were you....
https://realty.rbc.ru/news/60080b219a79478d5382aa31
https://www.privet-russia.com/top-10...st-petersburg/
10 of the best ones in Moscow, one should know what to do?
sometimes when watching TV I see an ad about PIK BROKERS who buy and sell apartments.https://xn----ctbo1anil4db.xn--p1ai/...russia_moscow/ comments though here are from -very good- to -be very careful-.