Aivar, L.K., Trunov, I.L. Some aspects of the new law on the taxation of inherited or given property.

Abstract: On June 15, 2005, the State Duma of the Federal Assembly of the Russian Federation adopted the law "On Invalidation of Certain Legislative Acts (Provisions of Legislative Acts) of the Russian Federation and Amendments to Certain Legislative Acts of the Russian Federation in connection with the Abolition of tax on Property Transferred by inheritance or Donation." The law was welcomed as progressive and civilized, exempting tens of millions of citizens from paying inheritance and donation taxes. What are its main provisions, and what are the difficulties? The reader can find answers to these questions in this article. The authors consider, in particular, the problems associated with the amounts of state duty and notary tariffs charged for performing notarial acts.