PROPERTY TAXATION PROCEDURE IMPROVEMENT ISSUES

Abstract

The article examines the economic essence and characteristics of property tax, its importance in budget revenues, the formation of tax revenue by groups of taxpayers, the current situation, and comments on the problems in this regard and their elimination are presented.The changes made in the tax system of our republic in recent years serve to bring it closer to the world tax system, to optimize taxation obligations for all economic entities. At the same time, the fact that some problems remain in the current mechanism of property tax and land tax, and the need to improve them based on the requirements of the times, requires the introduction of real estate tax instead of these taxes. The introduction of the real estate tax in our country, which is effectively used in the world tax practice, shows the need to improve the current property tax and land tax. The introduction of the real estate tax is carried out by improving the definition of the property tax and land tax base, requiring the determination of the value of property and land resources at the market price