The decision of the Verkhovna Rada fundamentally changes the existing system for assessing real estate in Ukraine
On November 12, the Verkhovna Rada adopted a law establishing new rules for evaluating real estate in Kiev and throughout Ukraine. Deputies adopted bill No. 2047-d “On Amendments to the Tax Code of Ukraine regarding the elimination of the corruption scheme in the field of registration of information from reports on the valuation of real estate and the transparency of the sale of property”.
In order to adopt the legislative act, 340 people voted as the basis, and in order to reduce the time for making amendments – 314. Continue reading
In Ukraine, the rules for evaluating real estate are changing. On November 12, the Verkhovna Rada adopted bill No. 2047-d, “On Amendments to the Tax Code of Ukraine regarding the Elimination of the Corruption Scheme in the Field of Registration of Information from Real Estate Appraisal Reports and Transparency of Property Sales”, as the basis.
From January 1, 2020, the assessment will be automatic and much cheaper for owners of square meters. What are the advantages and pitfalls of innovations metropolitan real estate portal 100realty.ua learned from lawyers. Continue reading