You must set up the land tax parameters in the General ledger and Fixed asset modules before calculating the land tax register.

Set up land tax codes

Note Note

In the Sales tax jurisdictionsform, enter the tax jurisdiction references in order to complete the tax authority details in the declaration. In the Sales tax authorityform, enter the vendor code for the tax authorities that you are submitting the tax returns to. You must specify the RCOADfor the vendor in the Vendorsform.

  1. Click General ledger> Setup> Sales tax> Sales tax codes.

  2. Press CTRL+N to create a new record.

  3. In the Sales tax codefield, enter a sales tax code for land tax,

  4. In the Settlement periodfield, select the settlement period.

    Note Note

    For more information, see "Set up a sales tax settlement period" and "Sales tax settlement periods (form)" in the Applications and Business Processes Help.

  5. In the Ledger posting groupfield, select the ledger posting group.

  6. Click the Generaltab and, in the Type of taxfield, select Land tax.

  7. Click Values, and then in the Valuefield, enter a sales tax value.

  8. Press CTRL+S or close the form.

Note Note

For more information, see "Create various kinds of sales tax codes" and "Sales tax codes (form)" in the Applications and Business Processes Help.

Set up tax benefit codes for land tax

  1. Click Fixed assets> Setup> Tax accounts> Tax allowances.

  2. Press CTRL+N to create a new record.

  3. In the Privilegefield, enter the benefit code for land tax.

  4. In the Benefit typefield, select the tax benefit type.

  5. In the Privilege valuefield, enter the privilege value.

  6. In the Namefield, enter the description of the tax benefit.

  7. Press CTRL+S or close the form.

Note Note

For more information, see (RUS) Set up tax benefit codes.

Set up an accounting group for land tax postings

  1. Click Fixed assets> Setup> Tax accounts> Ledger posting groups of taxes.

  2. Press CTRL+N to create a new record.

  3. In the Ledger posting groupfield, select a group for posting taxes into the ledger accounts.

    Note Note

    The Sales tax payablefield displays the ledger account number that is specified for the selected ledger posting group.

  4. In the Account for asset taxfield, select a ledger account for the land tax.

  5. Press CTRL+S or close the form.

Note Note

For more information, see (RUS) Set up groups for posting fixed assets taxes.

Set up the budget revenue codes for land tax

  1. Click Bank> Setup> Payment order> Budget revenue classification.

  2. Press CTRL+N to create a new record.

  3. In the Budget revenue codefield, enter the budget revenue code for the land tax.

  4. Press CTRL+S or close the form.

Note Note

For more information, see (RUS) Set up budget revenue codes for fixed asset taxes.

Set up tax correspondence for the land tax

  1. Click Fixed assets> Setup> Tax accounts> Sales tax relations.

  2. Press CTRL+N to create a new record.

  3. In the Type of taxfield, select Land tax.

  4. In the Codefield, select the sales tax code for the land tax.

  5. In the Budget revenue codefield, select the budget revenue code that corresponds to the selected tax code.

  6. Press CTRL+S or close the form.

Note Note

For more information, see (RUS) Sales tax relations (form)and (RUS) Set up the tax correspondence with the budget revenue codes.

Set up the name for the land tax transaction journal

  1. Click General ledger> Setup> Journals> Journal names.

  2. Press CTRL+N to create a new journal name for land tax transactions.

  3. In the Namefield, enter a name for the land tax transactions journal.

  4. In the Journal typefield, select the journal type Land tax.

  5. In the Voucher seriesfield, select a number sequence code for the journal.

  6. Press CTRL+S or close the form.

Note Note

For more information, see (RUS) Set up the name for fixed asset tax transactions journals.

Set up category codes for the ground area

  1. Click Basic> Setup> Ground area categories.

  2. Press CTRL+N to create a new line.

  3. In the Category IDfield, enter a category code for the ground area.

  4. In the Descriptionfield, enter a description of the category code.

  5. Press CTRL+S or close the form.

Set up the asset distribution

  1. Click Fixed assets> Common Forms> Fixed assets> Othersto open the Distributionform.

  2. In the Locationfield, select the location code of the Outsidetype.

  3. In the Ownerfield, enter the name of the owner.

  4. In the Sales tax codefield, select the tax code if the tax for the asset is assessed at a rate other than the default rate for that location, or if the tax code is connected to a different budget revenue code.

  5. In the Cadastral costfield, enter the cadastral cost of the ground area.

  6. Click the Generaltab, and then in the Owned sharefield, enter the ownership share of the ground area in a proper fraction.

    Note Note

    The Cadastral costand Owned sharefields are available only if you select Ground areain the Typefield on the Generaltab in the Fixed assetsform. This field is available as Distribution sharefor other types of assets.

  7. Press CTRL+S or close the form.

Set up fixed asset module parameters

  1. Click Fixed assets> Setup> Parameters.

  2. Click the Tax accountstab and, under the Land taxfield group, select the tax code for land tax in the Sales tax codefield.

  3. In the Compressionfield, select the level of compression for land tax transactions.

  4. Press CTRL+S or close the form.

  5. Click Fixed assets> Common Forms> Fixed assetsto open the Fixed assetsform.

  6. Press CTRL+N to create a new record, and enter the required fields.

  7. In the FA groupfield, select the asset group for the asset.

  8. In the Namefield, enter a description of the asset.

  9. In the Procurement datefield, select the date of acquisition of the asset.

  10. In the Acquisition costfield, enter the acquisition amount of the asset.

  11. Click the Generaltab and, in the Typefield, select Ground area.

  12. Click the Technical informationtab and, in the Category IDfield, select the category code of the land.

  13. In the Cadastral numberfield, enter the cadastral number of the land plot.

  14. In the Start date of buildingfield, enter the date of the start of construction. Enter the date for each land plot that is designated for development.

  15. Click the Tax accountstab, and under the Land taxfield group, enter the cadastral land value in the Tax basefield. You cannot modify this field if you have entered values in the Distributionform.

    Note Note

    The tax base is determined as the cadastral land value considered as a taxable asset in accordance with Article 389 of the tax code on January 1 of the tax year. The tax base for the area of the plot of land located on the territory of the respective municipal entity is determined as a fraction of the cadastral value of the plot proportional to the area of the plot located on the territory of the respective municipal entity. The land tax for the area of the plot of land located on the territory of the respective municipal entity is calculated separately on the basis of the tax rate that is established in this municipal entity (individually for every RCOAD). Furthermore, several independent plots of land that represent a single land use may be considered, on the owner's request, as a single asset of real property and assigned one cadastral number.

  16. In the Owned sharefield, enter the ownership share in the ground area.

  17. In the Sales tax codefield, select the sales tax code of the land. By default, this field displays the value that is specified in the Fixed Asset Parametersform.

  18. In the Land tax exemption (art.387)field, select the exemption type benefit code.

  19. In the Land tax exemption (art.395)field, select the exemption type benefit code, if necessary.

  20. In the Land tax privilege as non-taxable partfield, select the non-taxable type benefit code, if necessary.

  21. In the Non-taxable area partfield, specify the part of the land that is tax exempt, if necessary.

  22. Click History> History of tax privilege changesto view the history of tax benefit changes.

  23. In the Periodfield, enter the period for which the tax benefit is in effect for the fixed assets. The tax benefit in effect is the one that is entered in the last line. Each subsequent line cancels the tax benefit that is specified in the previous line.

  24. Press CTRL+S or close the form.

Note Note

For more information, see (RUS) Set up depreciation groups, (RUS) Set up depreciation methods, and (RUS) Set up fixed asset value models.

See Also