Last modified: February 2021
The concept of taxation includes the combination of indicators in the form of the presence of an object, the tax base and the source of income for transferring payment. The tax on the property of minor children under the object implies the presence of property values, under the tax base - the corresponding percentages provided depending on the indicators - quantitative and qualitative characteristics of the property and the region of location of the subject. But the lack of a source of income for children remains a subject of debate among citizens.
Legislative regulation
Taxation of property of citizens - individuals without entrepreneurial status is provided for by regulatory law No. 2003-1 of December 9, 1991. In accordance with Article 1 of the normative act, payers are the owners of property assets recognized as an object of taxation, without specifying how many years they have been paying property tax. The law places the emphasis on the object, not the age category.
Having received taxpayer status in accordance with the object subject to taxation, a citizen has the right to pay taxes to the treasury through legal or authorized representatives (Article 26 of the Tax Code of the Russian Federation), determined by civil legislation. The responsibility to exercise powers to manage the property of minors is assigned to parents, guardians and trustees (Articles 26 and 28 of the Civil Code of the Russian Federation), including paying property taxes for children.
The object of taxation is movable and immovable property, depending on the type, providing for the following payments to the budget:
- real estate tax if you own houses, apartments, garages and other buildings, regardless of the square footage;
- transport tax if you have personal transport with internal combustion engines or electric motors;
- land tax when owning land plots, regardless of the total area.
Fiscal authorities calculate the payment amount based on information about the property owned and send notifications to the owners. If a property tax is due on a minor child, then the specified amount must be transferred to the budget before December 1 of the current year. Otherwise, financial sanctions will be assessed in the form of a fine for non-payment and a penalty for each day of delay.
