31 January, Minsk /BELTA/. The increased land tax rate applied in Belarus to plots occupied by objects of supernormative unfinished construction does not apply to land with reconstructed facilities. This was stated by Natalia Kondratenko, consultant of the direct taxation department of the main department of taxation methodology for organizations of the Ministry of Taxes and Duties of Belarus, today during an online conference on the BELTA website.
As Natalia Kondratenko noted, Belarusian tax legislation provides for a double land tax rate for plots occupied by objects of supernormative unfinished construction. However, due to the fact that before January 1, 2013, there was no clear definition of such plots, taxpayers had questions as to whether, for example, land with facilities undergoing reconstruction or modernization was included.
"Since January 1, 2013, the Tax Code has defined that land plots occupied by objects of supernormative unfinished construction are plots occupied by facilities under construction," emphasized the consultant of the Ministry of Taxes and Duties. Thus, the coefficient of 2 to the land tax rate applies only to plots with new facilities and does not apply to those where reconstructed or modernized buildings are located, explained Natalia Kondratenko.
She also recalled that "the coefficient of 2 to the land tax rates for plots occupied by objects of supernormative unfinished construction applies from the month following the month in which the normative construction period expired, and up to and including the month in which the acceptance certificate for the construction facility into operation is approved." -0-