It should be noted that the report must be submitted by developers, clients and contractors who carry out investment projects in the construction sector for purposes other than the construction of primary dwellings. The levy is calculated at 0.5 per cent of the total investment in the construction of the property. The funds are transferred to the state budget.
The development of the new form became necessary following the entry into force of amendments to the Urban Planning and Construction Code (regarding the payment of a levy for each project) and, consequently, to the Regulations on the Administration of Funds for Financing the System of Regulatory Documents in Construction.
In particular, as investors had previously only specified the settlement code where the construction project was located in the document, difficulties arose in administering these payments in cases where a taxpayer was constructing several projects in the same area and indicated only the settlement code on Form DNTC 25, without the project’s address.
To remedy this shortcoming, the tax authority has introduced a new requirement into the legislation to include the site’s address in the report. Furthermore, to avoid confusion when determining tax liabilities, it has approved Form DNTC26.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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