The current regulatory framework regulates the right of the State Tax Service to conclude sale and purchase agreements only with legal entities. In order to fill the gap and eliminate regulatory contradictions, the Ministry of Finance has developed a new document
Thus, the ministry submitted for public consultations the regulations on the management of confiscated and ownerless goods, as well as property transferred into the ownership of the state with the right of inheritance.
In particular, the draft contains procedural provisions, as well as norms concerning the method of valuation and trade in goods through direct sale, commission trade and discount auction. The document also defines the time frame within which goods must be revalued and sold at discounted prices directly to the STS and by commission. In addition, it establishes the size of the coefficients related to the discount applied to the goods transferred for sale.
It is expected that goods will be revalued, including on direct sale, every 30 working days with discounts of 20% applied. At the moment, revaluation is only possible if they are transferred on commission. If the goods could not be sold within 150 working days, according to the project, they will be sold at auction with a price reduction of up to 50% of the last revalued value.
At the same time, weapons, ammunition, military equipment, dual-use products, technologies and services (civil and military), toxic and psychotropic substances, drugs, radioactive materials, cultural values (archaeological, numismatic treasures, old and rare books, items made of metals and precious stones), valuable papers, banknotes, counterfeit coins and tobacco products will be excluded from the list of confiscated goods administered by the State Tax Service.
