Apartment Renting Generated over RUR 1 Bn of Tax Revenue for City Budget

21 February 2020

The tax revenue from apartment renting amounted RUR 1.2 bn in 2019 what is by 7% in comparison with 2018.

Moscow introduces simple and comfortable mechanisms intensifying Muscovites to declare their incomes and to pay taxes from apartment renting.

Moscow works on legalizing the rental market.