12/17/2013

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Tax Code Refute the conclusions of the district court was only in the regional court, which remanded the case for a new trial in the court below. Under the new examination is a new district court judge found the arguments Taxpayer convincing and quashed the decision of the tax authority, confirming the accounting treatment applied by national expenditure. Experienced. Who should know: accountant, lawyer. On January 1, 2010 came into effect new version of paragraph 1 item 1 st.212 Tax Code, which establishes the obligation of the taxpayer, the individual right to confirm the exemption from taxation individual income tax financial benefits from savings on interest for use of loans (credits) issued by the construction or purchase of housing (apartments). Recall that income in the form of material benefit is not subject to personal income tax if the taxpayer is entitled to receive property tax deduction in accordance with claim 1 podp.2 st.220 Tax Code. Previously, exemption from taxation take place automatically: it was enough to provide the lender proof of purchase housing for sale which issued the loan. But now the rules have changed, and the taxpayer is required to confirm the presence of his right to receive property tax deduction in a special way, namely in the order provided by Section 3 st.220 Tax Code. This legal regulation applies to a taxpayer receiving a tax authority notice of the approved form, which should, on a plan zakanodatelya, be the sole legitimate Confirmation of the right to use tax incentives. It would seem, in theory, everything is clear: a taxpayer goes to IFTS, she gives him a notice that an employee transfers to the tax agent as a basis for exemption material benefit from tax savings in the form of percentages. However, the practice is known, often chooses his own way....