Tax on the sale of real estate: the procedure for charging

According to the tax legislation of our country, the income from the sale of property is taxed. And it must be paid by both residents and non-residents. The first category includes citizens who live in Russia for more than 183 days. They must pay a tax on the sale of real estate if it is located on the territory of the country and beyond. The tax rate is 13%. Non-residents are people who live in the territory of the Russian Federation for less than 183 days. For them, the tax increases to 30%. But they pay it in the event that they sold the property located only in the Russian Federation. The amount of the tax on the sale of real estate depends on several factors. Let's consider some cases.

Sold property, which was in possession of more than three years

In this case, the citizen will not have any debt to the state. This property can be sold for any amount, the income tax is not taxed. The date of entry into the property is:

• Date of the certificate of registration of ownership, if the property was purchased under a contract of sale, exchange or gift, as a result of privatization.
• Date of death of the testator, if the property was inherited.
• The date of payment of the last share is for co-operative apartments.

This should be borne in mind when drafting a contract. So, for example, if you lived in an apartment for many years thanks to a social contract. Hiring, and immediately after privatization decided to sell it, you will have to pay a tax on the sale of real estate.

Sold property that was in possession of less than three years

Option 1. You can not document your expenses when buying a property

In this case, you are given a tax deduction that reduces the taxable base. Its amount depends on the type of object.

1. For apartments, apartment houses, as well as land plots, garden houses, it is 1 million rubles. That is, if, for example, an apartment is sold for 1 200 thousand rubles, then only two hundred thousand will be taxed.

2. For other property (office, garage, warehouse ...) the amount of deduction is 250 thousand rubles.

It is worth noting that if the property is in common ownership, the amount of deduction is calculated proportionally to the shares.

Option 2. You can confirm your expenses documentarily when buying this property

If you bought a property, for example, an apartment worth 4 million rubles, and a year later decided to sell it for the same money, you will not pay a tax on the sale of real estate. This rule is valid provided that you have retained the previous contract of sale and can present it to the Federal Tax Service. If the property is sold more expensive than the purchase price, then everything that is above this amount is taxed.

When to pay and whether to pay at all?

Let's notice that irrespective of, the tax will be charged at real estate sale or not, the declaration in tax inspection to present necessarily. When to do this? Next year after receiving income. When will you have to pay tax on the sale of real estate? 2013, say, was the year you sold the house. Until April 30, 2014 you must file a declaration with the Federal Tax Service, and before July 15, 2014 - pay the tax amount if it is assessed. To pay or not? Decide, of course, you. But remember that tax evasion is a punishable act, which entails very solid fines and imprisonment.