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This current rental income is calculated as the sum of the differential and absolute rental income, where the differential rental income is an additional (excess) income generated on the land on the best quality and location, and the absolute rental income is a minimum income, installed in the same amount of 1 hectare of agricultural land, regardless of their quality and location for all the subjects of the Russian Federation. Absolute rental income is equal to 1% of the value of gross output, resulting on average in the Russian Federation from 1 hectare of agricultural land. Cadastral value per unit area (1 hectare) facility cadastral valuation of agricultural land is determined by multiplying the estimated rental income from 1 hectare estimated object for a period of capitalization, taken equal to 33 years. State cadastral valuation of certain categories of land outside the Pale of urban and rural areas is based on the capitalization of the estimated rental income or on the basis of the cost to reproduce and preserve the value of their natural potential.
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