Organizational property tax - reporting deadlines

Who should submit the report?

Reporting forms for property fiscal collection are provided by organizations recognized as taxpayers in accordance with Chapter 30 of the Tax Code of the Russian Federation. Today, payers are recognized as organizations that have movable and immovable property on their balance sheet as part of fixed assets.

Please note that this chapter has been amended. Starting from 01/01/2019, only real estate will be considered the object of taxation of the property fiscal tax. Movable fixed assets (transport, equipment, inventory) are exempt from property tax collection.

Who submits declarations and other types of property tax reports

Until 01/01/2020, the law provided for two types of reports on property tax of organizations: declaration and advance calculation. Starting from 2020, the obligation to submit settlements has been cancelled. Property reporting is submitted by taxpayers-firms that operate:

1. On the OSN and have real estate put on the balance sheet as fixed assets, or any residential real estate
2. Special regime and have real estate specified in paragraph 1 of Art. 378.2 Tax Code of the Russian Federation.

You can download the declaration form, which you will need to report on at the end of 2021, on our website. Please note that the form is new, approved by order of the Federal Tax Service dated August 14, 2019 No. SA-7-21/ [email protected]

Which form to use

The tax return is submitted based on the results of the tax period. The tax period for property fiscal payment is a year.

The report form was approved by Order of the Federal Tax Service dated March 31, 2017 No. ММВ-7-21/ [email protected] It is for this that reporting for 2021 is provided. For information on how to fill out the form, read the article “Property Tax Declaration 2021: step-by-step instructions and sample filling".

What's changing in 2021

The Federal Tax Service has adjusted the current legislation and made the following changes:

1. Property tax assessments have been cancelled. There is no longer a need to send quarterly advance reports to the Federal Tax Service.
2. Taxpayers submit only an annual report—the final property tax return. The form is submitted annually, no later than March 30 of the next reporting period - year (clause 3 of Article 386 of the Tax Code of the Russian Federation).
3. The obligation to pay quarterly advances on property taxes remains. But only for those taxpayers who need to transfer an advance according to the decision of the regional authorities. But the rules for calculating advance payments have changed. From 2020, the contribution to the budget is calculated according to the changed cadastral value of real estate. Let us remind you that until January 1, 2020, a different rule was in effect - the calculation was carried out according to the cadastral value determined as of January 1 of the reporting year.

Property tax declaration: due date 2021

The deadlines for submitting reports, as well as advance payments, are prescribed in Article 386 of the Tax Code of the Russian Federation:

If the day the report is submitted falls on a weekend or non-working holiday, then the last day of submission is postponed to the first next working day.

In 2021 the deadlines are as follows:

• 1st quarter - 04/30/2020;
• half-year - 07/30/2020;
• 9 months – 10/30/2020;
• year - 03/30/2021.

Submission of reports for the 2nd quarter of 2021 to the Federal Tax Service

Despite the fact that due to the coronavirus, most companies and individual entrepreneurs suspended production activities in the reporting period, the Government did not change the deadline for submitting reports for the 2nd quarter to the Federal Tax Service of the current year. Therefore, regarding the dates of filing reports on taxes and insurance contributions for the 2nd quarter (six months), one should be guided by the provisions of the Tax Code of the Russian Federation.

Taxpayers submit electronically:

• VAT declaration (clause 5 of article 174 of the Tax Code of the Russian Federation);
• DAM, if the number of hired employees in the current period is more than 10 (clause 10 of Article 431 of the Tax Code of the Russian Federation);
• 6-NDFL for the number of employees more than 10 people (clause 2 of Article 230 of the Tax Code of the Russian Federation).

Taxpayers can submit the rest of the reporting either on paper or electronically.

The table shows all deadlines for reports for the 2nd quarter and half of 2021:

What are the consequences of late submission of reporting forms?

If an organization does not comply with the deadline for submitting a property tax return, then it faces liability in accordance with Articles 119 and 119.1 of the Tax Code of the Russian Federation in the form of a fine:

• 200 rub. — for failure to comply with the electronic reporting form;
• 5% of the unpaid amount of the calculated payment to the budget based on unsubmitted reporting, but not less than 1000 rubles. and no more than 30% of the specified amount.

In addition, if a tax return is not submitted, the Federal Tax Service has the right to block transactions on the company’s bank accounts until the report is submitted to the inspectorate (clause 3 of Article 76 of the Tax Code of the Russian Federation). Blocking occurs if the delay is more than 10 days.

Filling out a property tax return for 2020

Cascade LLC provides services in the field of public catering and is a SME. In 2021, the enterprise was recognized as affected by the coronavirus pandemic in accordance with Government Decree No. 434 dated 04/03/2020.

Cascade LLC has the following real estate assets:

• warehouse space, conditional number 77:05:0040046:1282, OKTMO code 45907000, monthly depreciation rate - 30 thousand rubles, base - average annual cost, rate - 2.2% (conditionally);
• building, cadastral number 77:06:0040089:259, OKTMO code 45908000, base – cadastral value 3,964,100 rubles, rate – 2% (conditionally).

The new property tax declaration form, similar to the previous one, is filled out from the last sections:

Organizational property tax: declaration for 2021 and calculation based on the average annual cost

For this stage of tax calculation, the reporting periods are 1st quarter, half a year and 9 months, which means that the residual value of the objects is summed up by a cumulative total from the beginning of the year.

Clause 4 art. 376 of the Tax Code of the Russian Federation provides the procedure for determining the tax base:

• the residual values ​​of the property are summed up at the beginning of each month of the reporting period and at its end;
• the total is divided by the number of months of the reporting period increased by 1.

The result will become the tax base, which is multiplied by the rate, and then:

• divided by 4 to calculate the advance payment;
• reduced by advances paid - to calculate tax at the end of the year.

Let us carry out calculations for Cascade LLC for the warehouse space:

Federal Law No. 172-FZ dated 06/08/2020 exempts affected taxpayers from the obligation to pay advance payments and property taxes for the period of ownership of property from 04/01/2020 to 06/30/2020 (subclause 9, clause 1, article 2 of Law No. 172-FZ). Therefore, for 2020, Cascade LLC will pay:

• RUB 12,405 for 1 quarter;
• RUB 11,910 in 9 months;
• RUB 10,177 in a year;

Total – RUB 34,492.

In the declaration, the enterprise will reflect the corresponding benefit code - 2010501 and reduce its obligations by the amount of the advance - 12,157 rubles.

Property tax: declaration for 2021 and calculation based on cadastral value

Clause 1 Art. 378.2 of the Tax Code of the Russian Federation establishes that for certain types of property the base is determined as the cadastral value. In this case, advances are calculated as ¼ of the cost multiplied by the tax rate.

Taking into account the benefit (code 2010501), Cascade LLC will pay in 2021 for the cafe building:

• advances for the 1st and 3rd quarters - 19,821 rubles each. (3,964,100 / 4 x 2%);
• tax at the end of the year - 19,819 rubles. (3,964,100 x 2% – 19,821 – 19,821 – 19,821, where one of the amounts 19,821 is a tax benefit for the 2nd quarter);
• In total, property tax at cadastral value amounted to 59,461 rubles.

New property tax declaration form: sample

Based on the results of 2021, Cascade LLC will draw up a declaration using a new form:

Results

In 2021, you no longer need to report property taxes for quarters. Advance payments will have to be calculated only by those organizations that have real estate on their balance sheet. Movable property is not subject to taxation.

The procedure for calculating advances in 2021 is not fundamentally different from last year. They can be calculated from the average annual value of real estate or cadastral value.

Sources: Tax Code of the Russian Federation

You can find more complete information on the topic in ConsultantPlus. Free trial access to the system for 2 days.

How to calculate an advance payment for property taxes

Any tax is calculated according to a single scheme - the base is multiplied by the current rate. Property contributions are no exception. For advance payments, the amount received must be indexed by ¼ - the number of months in the billing period.

The property tax advance is calculated in two ways.

There are a number of rules for calculating the cadastral value. If legislators have not carried out a cadastral valuation and have not determined the price for the current period, then the advance payment for property tax is calculated based on the average annual cost. The second point is that for organizations that during the reporting period acquired or sold real estate valued according to the cadastre, a special Ki coefficient is used when making calculations. This is an index that determines the number of complete months of ownership of the property. If a real estate transaction took place at the beginning of the month (before the 15th), then this period is taken into account in full. If ownership rights are re-registered after the 15th, this period is excluded from the calculation.

Due dates

IMPORTANT!

The report has been canceled since 2021! There is no need to fill out and submit form 1152028 for the 1st quarter of 2021!

Calculation of property assessment payments is a periodic report. It is sent once a quarter according to the scheme “in the current quarter we report for the previous one.” See the main deadlines in the table.

We will separately present the dates for reorganized enterprises:

Accounting (financial) and tax reporting for the 2nd quarter, due dates

For the 2nd quarter, monthly, quarterly and semi-annual reports are submitted to the tax and insurance funds.
Depending on the deadlines, reports can be submitted monthly or quarterly. Accounting or financial statements for the six months are not submitted to the Federal Tax Service. The obligation to submit it is provided only at the end of the year in accordance with subsection. 5 p. 1 art. 23 Tax Code of the Russian Federation. After the completion of the 2nd quarter, financial statements can be submitted only for corporate purposes or at the request of the bank when applying for a loan.

Accounting statements for the half-year may include a balance sheet, financial results report and appendices to them.