MODERN PRINCIPLES OF EFFECTIVE REAL ESTATE TAXATION

Abstract

The paper is devoted to the analysis of principles of effective real estate taxation,
which is under reform in the Russian Federation now. The author estimates the modern
principles of the taxation, correlating them to the classical principles pointed out by A. Smith,
investigates the basic methods of tax payments, singling out the most effective, applicable to
the real estate taxation.
The author states that from the point of view of the real estate taxation the cadastre method
of taxation is the most frequently applicable. But the given method implies that the object
of real estate should be unified consisting of the ground area and a house, apartment, summer
residence, garage or another building, which considerably facilitates the mechanism of calculation
and tax payment.