in 1916 was introduced inheritance tax, which completely reveals the process of transition of ownership of the deceased person.The person receiving the property, called the heir or beneficiary.
inheritance tax is levied on all movable and immovable property, which becomes the property of another person after the death of the owner, in the form of interest rate determined by the Authority.He paid a person or entity, in order that the transfer of assets.
property tax payers are entitled to certain benefits and discounts in the form of reduced interest rates.Cases subject to preferential taxation, clearly stated in the relevant legislation and depend on the degree of relationship to the deceased or the beneficiary of the amount passing by inheritance.The Russian Federation has established a progressive tax rate, that is, the more you get in the way of inheritance income, the higher the percentage used in the calculation of the amount deducted to the budget.
In practice, there are certain rules, such a declaration should be completed only when the total value of the property is worth over 600 thousand dollars.She served in the appropriate state agency within 9 months from the date of death of an individual, but with good reason and the need for this period can be increased.Then, you must grant permissions to the tax office.As mentioned above, the rate is differentiated and is about 18% for this property, is relatively expensive, and as much as 50% for property worth more than 3 million.
inheritance tax was combined with the gift tax, so the property donated or received by an individual after his death, measured by uniform standards.If we talk about the right of inheritance, the property shall be assessed at its value at the date of death of the owner.The taxpayer is a natural or legal person in whose favor the proceeds of movable and immovable property.The object is considered to be the property directly.The tax base is the gross value of property accounted.
in identifying taxpayers and beneficiaries concurrently applicable law defined a specific order in order that property passes to the new owner.That is, the inheritance tax suggests that the existing property after the death of the person goes first and foremost to parents, spouses and children, as they are the direct descendants.If those are not available, the right is transferred to grandparents and siblings.In third place are taken into account aunts and uncles, and then the great grandparents.The most recent successors considered stepmother and stepfather, stepchildren.
person entering the property rights should be fully capable and mentally balanced.Inheritance tax involves the entry into force from the moment of the death of one of the subjects of legal relations.But there are cases when a citizen is untraceable missing, then the opening of the inheritance can occur only after a formal decision by a judicial authority on the recognition of the person who died.Typically, this is done not earlier than three years from the date of disappearance of citizens.From the date of issuance of the decision, you can claim the property and, therefore, can be considered a tax on inheritance.At the same time as the beneficiary has the right to act as a resident or nonresident country or a stateless person.
