From 2018, administrative, business and shopping centers will pay property tax based on the cadastral value.

At the same time, the Ministry of Economy managed to preserve the regional features of the law in terms of a phased increase in tax rates and the availability of tax deductions for entrepreneurs in special conditions.

On December 22, at a meeting of the Legislative Assembly of the Omsk region, in the second and final reading, a bill was passed to amend the regional law "On Corporate Property Tax."

In accordance with the changes, administrative and business and shopping centers; non-residential premises, the purpose of which provides for the placement of offices and retail facilities, as well as residential buildings and residential premises that are not accounted for on the balance sheet as fixed assets, will begin to pay property tax starting in 2018 based on the cadastral value of real estate. The minimum area of objects that fall under the law is 5,000 square meters. For these facilities, a phased increase in tax rates is proposed from 1% in 2018 to 2% in 2022.

During 2017, the procedure for determining the type of actual use of buildings and premises and the list of real estate objects for which the tax base is defined as the cadastral value will be approved.

Entrepreneurs who apply special tax regimes are currently not taxpayers of corporate property taxes. When switching to the new tax calculation procedure, they will become tax payers, and the tax amount for them will increase from zero. This will lead to a decrease in the business activity of small and medium-sized enterprises, and, consequently, to a reduction in the tax base of the regional budget. Therefore, a phased increase in tax rates is also provided for them (from 0.1% in 2018 to 2% in 2022). Also, for this category of taxpayers, a tax deduction of 500 square meters from the tax base is established. The tax deduction is valid until December 31, 2022, and the taxpayer must own the property for at least 3 years.

"This is one of the most high–profile bills that has been discussed by both deputies, public figures, and entrepreneurs - by the entire community. And in fact, in principle, we were able to agree. Repeated discussions of the issues with the participation of the Governor allowed us to come up with an agreed draft law today. I have never seen such a sharp clash of opinions. And I must note the tremendous analytical work carried out by the Ministry of Economy and their principled position," said the Chairman of the Legislative Assembly.Vladimir Varnavsky.

During the discussion, a number of amendments were submitted by the deputies. Thus, in the final version of the law, a tax rate of 0.5% is set for buildings used to house administrative and managerial personnel owned by organizations engaged in activities in section C "Manufacturing". And for residential buildings that are not accounted for on the balance sheet as fixed assets, a rate of 0.1% is set.

These provisions of the law come into force on January 1, 2018.