We will help you reduce the cadastral value of the land plot
Under Article 378.2 of the Tax Code of the Russian Federation, a list of types of real estate objects is established, in respect of which the real estate tax is calculated based on the cadastral value. The procedure for determining the cadastral value is defined by Federal Law #237-FZ “On State Cadastral Valuation” of 03.07.2016.
The introduction of this method of determining the tax base has led to the fact that the amount of real estate tax has become an impressive item of expenditure in the activities of businesses and citizens. At the same time, the tax rates increase each new year. The acts of the bodies of the subjects of the Russian Federation approve real estate objects for which the tax rate is measured based on the cadastral value (for example, in Moscow #700-PP of 28.11.2014). When conducting cadastral valuation, public authorities use a mass approach that does not take into account the individual characteristics of each specific real estate object. As a result, there is a necessity to pay an excessively high property tax.
To challenge the results of determining the cadastral value and reduce the tax base, it is necessary to apply to the court with an application for establishing the cadastral value in the amount of the market value.
The Reasons Law Firm team provides services for challenging the results of determining the cadastral value at all stages, starting from the preparation of the assessment report, ending with participation in court sessions, and entering a new value into the information of the Unified State Register of Legal Entities.
You can challenge the cadastral value of such objects as:
- land plot
- building
- structure
- room
- apartment
- the object of unfinished construction.
Reasons Law Firm has extensive experience in implementing this procedure. In the tax period of 2016-2018, thanks to cooperation with us, our clients saved 120 million rubles, and in the tax period of 2018-2020, more than 250 million rubles.
How do we work?
1. We conduct a consultation to find out the client’s need
2. We study the available documentation to assess the potential risks
3. We prepare a report on the evaluation of the property
4. We develop a strategy for solving the problem and coordinate it with the client.