Aivar, L.K., Trunov, I.L. Some aspects of the new law on taxation of property, which is inherited or received as a gift.

Abstract: On June 15, 2005 the State Duma passed the law, by which the taxation of property, which is inherited or received as a gift, was abolished. This law caused much approval in the Russian society. Which are its key provisions of this law and what are the possible difficulties? The authors review, in particular, the problems, related to the sums of state and notarial fees in this sphere.