The State Duma rejected the bill on personal income tax deductions for rental housing – Kommersant

At a meeting, the State Duma Committee on Budget and Taxes rejected a bill to include rental housing expenses in the list of expenses for which a citizen can receive a social tax deduction for personal income tax. The Committee considered that income from personal income tax forms a significant part of the regional budget, and the proposed draft law will lead to losses.

The bill was submitted to the State Duma on July 22, 2023 by a group of deputies. It was proposed to include in the list of expenses for which citizens can receive a tax deduction, payment under a residential lease agreement. The maximum amount of compensation, according to the bill, is 120 thousand rubles. in year.

The explanatory note noted that in Russia, about 5.7 million families rent an apartment and devote “a significant part of the family budget to renting residential premises, limiting themselves in other vital resources.” The authors argued that the proposed measure would legalize the rental housing market and generate additional tax revenues for the budget.

About the dynamics of prices for rental housing – in the material “Kommersant” “The tenants have dismantled the apartments.”

Lusine Balasyan