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Comparative analysis of approaches to determining the property tax based on the cadastral and market value of real estate

Comparative analysis of approaches to determining the property tax based on the cadastral and market value of real estate

Journal of Economic Regulation, , Vol. 6 (no. 3),

The paper considers the problem of reforming the Russian tax system in parts of the transition to determine the amount of property taxes on the basis of the cadastral value. The reforms are aimed to replenishment of local budgets and increase the efficiency of solving the local government problems. Based on data collected on residential properties in Rostov-on-Don have been made a comparative analysis of the market value and the cadastral value of residential properties, as well as the calculations for identifying pricing factors. According to the results of the study it has been concluded that the analyzed parameters of the residential property cannot be selected as the pricing one. Also discrepancy between the market value and the cadastral value has been proven, that demonstrates the need to improve the methods of mass valuation of real estate.


Keywords: real estate taxation; property tax of individuals; property valuation; cadastral value; mass appraisal of real estate; pricing factors.

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Publisher: Ltd. "Humanitarian perspectives"
Founder: Ltd. "Humanitarian perspectives"
Online ISSN: 2412-6047
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