Template-Type: ReDIF-Article 1.0
Author-Name: Andrey V. Korytin
Author-Email: korytin-av@ranepa.ru
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow 119571, Russia
Author-Name: Tatiana A. Malinina
Author-Email: malinina@iep.ru
Author-Workplace-Name: Gaidar Institute for Economic Policy, Moscow 125009, Russia
Title: International Experience in Taxation of Business Personal Property
Abstract: Various and ambiguous changes in business personal property taxation in Russia in 2013–2018 demonstrate the relevance of a careful analysis of this problem, including the international experience context. The article considers business property tax characteristics in the OECD and BRICS by means of the comprehensive tax law analysis with regard to these countries. The authors emphasise the experience of the countries, which treat (or treated earlier) elements of the personal property taxation. In these cases the authors consider tax design in detail and establish that only in Russia, Japan and the US personal property tax is widely treated. Furthermore, there is a global trend towards taxation of the only real property. Thus the planned business personal property tax abandonment in Russia is not just a tax exemption, it is a transition to the generally accepted and reasonable tax standard.
Classification-JEL: H25
Keywords: business property tax, fixed assets, personal property taxation, real property taxation
Journal: Finansovyj žhurnal — Financial Journal
Pages: 22-36
Issue: 2
Year: 2019
Month: April
DOI: 10.31107/2075-1990-2019-2-22-36
File-URL: http://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2019/2/statii/fm_2019_2_02.pdf
File-Format: Application/pdf 
Handle: RePEc:fru:finjrn:190202:p:22-36