+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
International Accounting
 

Property tax system outside the Russian Federation

Vol. 22, Iss. 9, SEPTEMBER 2019

Received: 28 March 2016

Received in revised form: 18 July 2016

Accepted: 18 August 2016

Available online: 16 September 2019

Subject Heading: Tax and taxation

JEL Classification: E62

Pages: 1037–1049

https://doi.org/10.24891/ia.22.9.1037

Bogatyrev S.Yu. Financial University under Government of Russian Federation, Moscow, Russian Federation
rsorokina@fa.ru

ORCID id: not available

Subject The article addresses foreign property tax systems, property tax assessment, administration and payment in developed countries, and measuring and analytical tools.
Objectives The purpose of the study is to review the experience of developed countries in property taxation.
Methods The study employs scientific methods to obtain new knowledge and methods for solving problems related to property taxation in Russia based on foreign experience, uses developments in the theory of property taxation, summarizes tax practices that reflect objective laws of property tax development abroad.
Results Property tax generates a significant share of local government revenues in countries with developed economies. The comparative analysis of property tax systems in developed and developing countries shows that the revenue from property taxes in developed countries provide a relatively large share of the budget than in developing countries. I analyzed significant factors of property taxation, i.e. tax rates and the distribution of tax revenues; revealed the non-elasticity of property taxes and their arbitrary nature.
Conclusions and Relevance I recommend using the identified mechanisms of property taxation in developed countries in the domestic tax practice to increase budget revenues, enhance social stability and well-being of Russian citizens.

Keywords: property tax, foreign tax systems, cadastral value, tax rate, tax burden

References:

  1. Pushkareva V.M. [The substance and principles of the tax system]. Finansy = Finance, 2001, no. 10, pp. 61–63. (In Russ.)
  2. Drozdov O.I. [Specifics of the tax system in Italy]. Finansy = Finance, 2006, no. 2, pp. 76. (In Russ.)
  3. Rik T.A. [Property tax: Results of the experiment and prospects for the new property tax introduction]. Pravo i ekonomika = Law and Economics, 2008, no. 12, pp. 81−88. (In Russ.)
  4. Bogatyrev S.Yu., Alferova A.V. [Tax audit in cost analysis]. Audit i finansovyi analiz = Audit and Financial Analysis, 2015, no. 2, pp. 159–164. (In Russ.)
  5. Tepman L.N. Otsenka nedvizhimosti [Real estate appraisal]. Moscow, YUNITI-DANA Publ., 2005, 464 p. (In Russ.)
  6. Karmova F.Kh. [Specifics of real estate taxation]. TERRA ECONOMICUS, 2007, vol. 5, no. 4-4, pp. 90–93. (In Russ.)
  7. Kozlov V.V., Kozlova E.V. [Synergy 'land + building + location']. Voprosy otsenki = The Appraisal Issues, 2007, no. 3, pp. 53–61. (In Russ.)
  8. Mutygullina A.Z. [Comparative characteristics of taxation in Russia and Canada]. Ekonomika i sotsium, 2016, no. 5-2, pp. 300–303. (In Russ.) URL: Link%202016%202.pdf
  9. Zozulya V.V., Zuikov A.V. [Taxation of investments in real estate in Russia and Australia]. Potentsial sotsial'no-ekonomicheskogo razvitiya Rossiiskoi Federatsii v novykh ekonomicheskikh usloviyakh. Materialy Mezhdunarodnoi nauchno-prakticheskoi konferentsii [Proc. Int. Sci. Conf. Potential for Socio-economic Development of the Russian Federation in the New Economic Environment]. Moscow, Moscow Witte University Publ., 2015, pp. 476–485. (In Russ.)
  10. Bird R.M., Slack E. International Handbook of Land and Property Taxation. UK, Cheltenham, USA, Northampton, MA, Edward Elgar, 2003. URL: Link
  11. Kosov M.E. [Specifics of tax systems of developed countries]. Vestnik Moskovskogo universiteta MVD Rossii = Journal of Moscow University of the MIA of Russia, 2010, no. 2, pp. 43–48. (In Russ.)
  12. Eurokrise, Staatsverschuldung und privater Reichtum. URL: Link
  13. Vazirova G.R. [Comparative characteristics of taxation in Russia and the USA]. Ekonomika i sotsium, 2015, no. 6-2, pp. 374–378. (In Russ.) URL: Link(osnovnoy%20razdel).pdf
  14. Goncharenko I.A. Sistema nalogov v SshA. V kn.: Aktual'nye problemy administrativnogo i finansovogo prava [System of taxes in the U.S. In: Urgent problems of administrative and financial law]. Moscow, MGIMO-University Publ., 2006, pp. 41–66. (In Russ.)
  15. Sheredeko E.V., Alisevich M.V. [Laws of the United Kingdom of Great Britain and Northern Ireland in the field of taxation: A synthesis of past and present]. Finansovoe parvo = Financial Law, 2015, no. 8, pp. 30–37. (In Russ.)
  16. Mardukhaev T. Sistema nalogooblozheniya i sotsial'nogo obespecheniya v Izraile: monografiya [The system of taxation and social security in Israel: a monograph]. Tel Aviv, M+ Publ., 2007, 304 p. (In Russ.)
  17. Paskachev A.B. [Spain: Some aspects of income taxation of wealthy people and labor migrants]. Nalogovaya politika i praktika = Tax Policy and Practice, 2014, no. 2, pp. 76–80. (In Russ.)

View all articles of issue

 

ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

Journal current issue

Vol. 27, Iss. 3
March 2024

Archive