The Chief Public Auditor and Controller of the Individual Property Tax Administration Office of SFS’ Department of Revenue and Duties from Individuals Petro Kovalevsky stated that the real estate tax unit is the residential and non-residential real estate property, including its stake, according to subpar. 266.2.1, par. 266.2, Art. 266 of the Tax Code, Finance.ua reports quoting Ukrinform.
He noted that the tax base is the total area of the residential and non-residential real estate property, including its parts, according to subpar. 266.3.1, par. 266.3, art. 266 of the Tax Code.
Also, the tax base of the residential and non-residential real estate properties, owned by the individuals, is estimated by the controlling authority based on the data of the State Register of Property Rights to Real Estate and/or based on the original documents of the taxpayer, including the property title deeds, according to subpar. 266.3.2., par. 266, Tax Code, Etcetera reports.
As Petro Kovalevsky explained, the above-mentioned article of the Tax Code does not stipulate that the properties under construction relate to the property tax units. That is, the house under construction is not taxable as the property under construction.
