IDEAS home Printed from https://ideas.repec.org/a/aiy/jnjaer/v22y2023i4p834-860.html
   My bibliography  Save this article

Fiscal Implications of a Complete Conversion to Taxation of Property of Organizations in Russia on the Basis of Cadastral Value

Author

Listed:
  • Milyausha R. Pinskaya
  • Rodion V. Balakin

Abstract

The study is focused on estimating the fiscal implications of conversion to taxation of corporate property on the basis of cadastral value. The relevance of the work is determined by the importance of forming a stable tax base for property tax in the context of the conversion to taxation based on the cadastral value of the corporate property tax. The purpose of the study is to estimate the implications of a complete conversion to the use of cadastral value as the only source of formation of the tax base for corporate property tax. The study aggregates information from the state dataset «Data on cadastral value of real estate properties by territorial affiliation» of Rosreestr (The Federal Service for State Registration, Cadastre and Cartography). The research procedure consists in the fact that, based on the processing of this information, the total cadastral value and the number of capital construction properties in the regions of the Russian Federation are characterized. At the same time, the hypothesis of the research is that a complete conversion to taxation of corporate property on the basis of cadastral value results in the growth of tax revenue from corporate property tax. The characteristics of the monetary and numerical parameters of such a potential tax base are given and the implications of a complete conversion to the taxation of corporate property on the basis of cadastral value are estimated. The resulting estimate is compared with actual revenues, and a conclusion is made about the positive effect of a full conversion to the use of cadastral value as the tax base for corporate property tax. The theoretical relevance consists in the fact that the possibility of the direct use of data of the state dataset for formation of information on the tax base on corporate property tax is critically analyzed. The practical relevance is determined by the calculation of the potential growth of corporate property tax revenues in connection with the full conversion to the calculation of the tax base only on the basis of cadastral value as per the Rosreestr dataset.

Suggested Citation

  • Milyausha R. Pinskaya & Rodion V. Balakin, 2023. "Fiscal Implications of a Complete Conversion to Taxation of Property of Organizations in Russia on the Basis of Cadastral Value," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 22(4), pages 834-860.
    • Handle: RePEc:aiy:jnjaer:v:22:y:2023:i:4:p:834-860
    DOI: https://doi.org/10.15826/vestnik.2023.22.4.034
    as

    Download full text from publisher

    File URL: https://journalaer.ru//fileadmin/user_upload/site_15934/2023/04_Pinskaja_Balakin.pdf
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.15826/vestnik.2023.22.4.034?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Olga A. Sinenko & Alexey Yu. Domnikov, 2022. "Property Taxation of Companies in Territories With a Special Economic Status," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 74-85, June.
    2. Christl, Michael & Köppl–Turyna, Monika & Lorenz, Hanno & Kucsera, Dénes, 2020. "Redistribution within the tax-benefits system in Austria," Economic Analysis and Policy, Elsevier, vol. 68(C), pages 250-264.
    3. Ladd, Helen F. & Bradbury, Katharine L., 1988. "City Taxes and Property Tax Bases," National Tax Journal, National Tax Association;National Tax Journal, vol. 41(4), pages 503-523, December.
    4. Fritzsche, Carolin & Vandrei, Lars, 2019. "The German real estate transfer tax: Evidence for single-family home transactions," Munich Reprints in Economics 78276, University of Munich, Department of Economics.
    5. Unel, Fatma Bunyan & Yalpir, Sukran, 2023. "Sustainable tax system design for use of mass real estate appraisal in land management," Land Use Policy, Elsevier, vol. 131(C).
    6. Hajji, Rafika & El Asri, Hanae & Ez-Zriouli, Chaymae, 2023. "Upgrading to 3D cadastre in Morocco: Lessons learned from benchmarking of international 3D cadastral systems," Land Use Policy, Elsevier, vol. 128(C).
    7. Krigsholm, Pauliina & Riekkinen, Kirsikka & Ståhle, Pirjo, 2020. "Pathways for a future cadastral system: A socio-technical approach," Land Use Policy, Elsevier, vol. 94(C).
    8. Elena Bykowa & Maria Hełdak & Julia Sishchuk, 2020. "Cadastral Land Value Modelling Based on Zoning by Prestige: A Case Study of a Resort Town," Sustainability, MDPI, vol. 12(19), pages 1-26, September.
    9. Boris I. Alekhin, 2020. "Regional Tax Autonomy and Budget Balances," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 114-127, October.
    10. Alexander I. Pogorletskiy & Fritz Söllner, 2020. "Pandemics and Tax Innovations: What can we Learn from History?," Journal of Tax Reform, Graduate School of Economics and Management, Ural Federal University, vol. 6(3), pages 270-297.
    11. Igor Yu. Arlashkin, 2020. "Intergovernmental Fiscal Instruments for Stimulating Regional Economic Growth in Russia," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 54-68, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Montalvo, José G. & Piolatto, Amedeo & Raya, Josep, 2020. "Transaction-tax evasion in the housing market," Regional Science and Urban Economics, Elsevier, vol. 81(C).
    2. Hamid Beladi & Nicholas S. P. Tay & Reza Oladi, 2011. "On Competition for Listings," Working Papers 0003, College of Business, University of Texas at San Antonio.
    3. Abhay Pethe & Ajit Karnik, 2004. "Infrastructure Finance In The Time Of Revenue Crunch: Exploring New Avenues For Urban Local Bodies," Department of Economics, University of Mumbai, Mumbai Working Papers 10, Department of Economics, University of Mumbai, Mumbai.
    4. Zhan, Peng & Zhang, Anqi & Ma, Xinxin, 2023. "Public pension policy, substitution income, and poverty reduction: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1138-1154.
    5. Paul Hettler, 2004. "Regional impact of commuter wage taxes," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 32(3), pages 191-200, September.
    6. Lang, Kevin & Jian, Tianlun, 2004. "Property taxes and property values: evidence from Proposition," Journal of Urban Economics, Elsevier, vol. 55(3), pages 439-457, May.
    7. John Deskins & William Fox, 2008. "Measuring Behavioral Responses to the Property Tax," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0816, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    8. Afolabi, Funmilayo Juliana & De Beer, Paul & Haafkens, Joke A., 2020. "Orthodox or traditional medicine? Private or public healthcare? Exploring treatment pathways for occupational health problems among informal automobile artisans," Social Science & Medicine, Elsevier, vol. 265(C).
    9. Wifo, 2023. "Kennzahlen zur Wirtschaftslage," WIFO Monatsberichte (monthly reports), WIFO, vol. 96(12), pages 883-895, December.
    10. Manuela Krause & Niklas Potrafke, 2020. "The Real Estate Transfer Tax and Government Ideology: Evidence from the German States," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 76(1), pages 100-120.
    11. Daniel Borbely, 2021. "Limiting the distortionary effects of transaction taxes: Scottish stamp duty after the Mirrlees Review," Fiscal Studies, John Wiley & Sons, vol. 42(2), pages 265-290, June.
    12. Salvador Barrios & Cecile Denis & Viginta Ivaskaite-Tamosiune & Adriana Reut & Estefania Vazquez Torres, 2019. "Housing taxation: a new database for Europe," JRC Working Papers on Taxation & Structural Reforms 2019-08, Joint Research Centre.
    13. Nuria Boch Roca & Marta Espasa & Daniel Montolio, 2014. "Should Large Spanish Municipalities Be Financially Compensated? Costs and Benefits of Being a Capital/Central Municipality," Hacienda Pública Española, IEF, vol. 211(4), pages 67-91, December.
    14. Byron F. Lutz, 2009. "Fiscal amenities, school finance reform and the supply side of the Tiebout market," Finance and Economics Discussion Series 2009-18, Board of Governors of the Federal Reserve System (U.S.).
    15. Daniel Jonas Schmidt, "undated". "Property transfer taxes, residential mobility, and welfare," Tinbergen Institute Discussion Papers 22-042/VI, Tinbergen Institute.
    16. Eerola, Essi & Harjunen, Oskari & Lyytikäinen, Teemu & Saarimaa, Tuukka, 2021. "Revisiting the effects of housing transfer taxes," Journal of Urban Economics, Elsevier, vol. 124(C).
    17. Muhammad Adil Rauf & Olaf Weber, 2022. "Housing Sustainability: The Effects of Speculation and Property Taxes on House Prices within and beyond the Jurisdiction," Sustainability, MDPI, vol. 14(12), pages 1-19, June.
    18. Martin, Carolin & Schmitt, Noemi & Westerhoff, Frank, 2021. "Heterogeneous expectations, housing bubbles and tax policy," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 555-573.
    19. Yoon-Jung Choi, 2022. "Property tax interaction among overlapping local jurisdictions: quasi-experimental evidence from school bond referenda," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(3), pages 537-580, June.
    20. Donald Vandegrift & John Loyer, 2015. "The Effect Of Walmart And Target On The Tax Base: Evidence From New Jersey," Journal of Regional Science, Wiley Blackwell, vol. 55(2), pages 159-187, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aiy:jnjaer:v:22:y:2023:i:4:p:834-860. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Natalia Starodubets (email available below). General contact details of provider: https://edirc.repec.org/data/seurfru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.