In Vinnitsa area the indexation of regulatory monetary valuation of land

According to the State statistics service of Ukraine, the consumer price index for the year 2016 amounted to 112.4%. According to paragraph 8 of subsection 6 of the Transitional provisions of the Tax code of Ukraine (in the wording of Law of Ukraine from 20.12.2016 No. 1791-VIII "On amendments to the Tax code of Ukraine and certain legislative acts of Ukraine concerning balancing of budget revenues in 2017") found that the consumer price index for 2016 that is used to determine the coefficient of indexation of the normative monetary valuation of land, used with the value for agricultural land (arable land, perennial plantations, hayfields, pastures and fields) — 100 percent; for non-agricultural land - 106 percent. Coefficient of indexation of the normative monetary evaluation of land applied cumulatively depending on the date of the regulatory monetary valuation of lands. The coefficients of indexation of normative monetary value of land are: 1996 - 1,703, 1997 - 1,059, 1998 - 1,006, 1999 - 1,127, 2000 - 1,182, 2001 - 1,02, 2005 - 1,035, 2007 1,028 2008 1,152 2009 - 1,059 2010 - 1,0, 2011 - 1,0, 2012 - 1,0, 2013 - 1,0, 2014 1,249 2015 - 1,433 (except agricultural land) and 1.2 for agricultural land (arable land, deposits, hayfields, pastures, perennial plantations). The standard monetary assessment of lands for 2002, 2003 , 2004 and 2006 were not indexed. The value of the coefficient of indexation of the normative monetary value of agricultural land (arable land, perennial plantations, hayfields, pastures and deposits) for the year 2016 is 1.0 for non-agricultural land was 1.06. This was reported in the Vinnytsia regional state administration

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

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