Vladimir Putin exempted families with children from the personal income tax at sale housing

Families with two and more children are exempted from payment taxes on income of natural persons (personal income tax) gained at sale of housing in case of acquisition by them of new housing for improvement of living conditions. With an initiative about introduction of a similar privilege President of the Russian Federation Vladimir Putin spoke at congress of "United Russia" Party in July, 2021. The document with the signature of the head of state is published on an official portal of legal information. It is a question of income gained from sales of the room, the apartment, a house, part of the apartment or the house which were used for acquisition of new housing by the bigger area. Privilege...