In Vinnytsia region about indexation rate of normative monetary valuation of lands for the year 2015

for the purpose of compliance with the tax legislation concerning the correctness of the calculation of land tax, head Department of DFS in Vinnitsa region informs land owners and land users that DFS in a letter from G. 19.01.2016¹ 1656/7/99-99-17-04-02-17 reported features of the application of the indexation coefficient of the normative pecuniary valuation of lands for the year 2015. According to the State statistics service of Ukraine, the consumer price index for 2015 amounted to 143,3%, respectively, the coefficient of indexation of the normative monetary valuation of land, which is indexed by a standard monetary assessment of lands of settlements and lands of nonagricultural appointment, calculated in accordance with paragraph 289.2 of article of the Tax code of Ukraine, as of 1 January 2016 is 1,433. However, paragraph 6 of subsection 6 of Transitional provisions of the Tax code of Ukraine established that the CPI for 2015 what is used to determine the indexation rate of normative monetary valuation of agricultural land (arable land, perennial plantations, hayfields, pastures, and deposits), are used with a value of 120 percent. Given the above, the value of the coefficient of indexation of the normative monetary value of agricultural land (arable land, perennial plantations, hayfields, pastures and reservoirs) for 2015 is 1.2, and for land settlements and other non-agricultural lands is 1.433. Department communications SE DFS in Vinnitsa region This was reported in the Vinnytsia regional state administration

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Source: http://uzinform.com.ua/

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