Calculation of property tax

Calculation and payment of property tax of an individual entrepreneur and enterprise For taxation purposes, the average annual residual value of fixed assets of an enterprise and an individual entrepreneur is determined according to Article 202 of the Tax Code. In the event that the fixed assets of an individual entrepreneur and enterprise are insured at a price higher than the residual value, the property tax is calculated by applying the property tax rate to the value corresponding to the market value of that property on the date of this insurance...