On the Issue of the Cost of Real Estate for Tax Purposes in Ukraine and Russia
L. N. Bogak, A. V. Kholostenko
Donbas National Academy of Civil Engineering and Architecture
Abstract: This article discusses the issue of determining the value of real estate for tax purposes. Since land is a means of production and a spatial basis, a production resource and a location for any kind of activity, this article discusses options for assessing land according to the normative monetary value in Ukraine and cadastral valuation in Russia, analyzes the process of land market development and the possibility of using market data in poor developed market. The approaches and methods of assessing land plots are compared when performing the normative monetary and cadastral valuation according to the Ukrainian and Russian regulatory framework. As a result of the study, the positive and negative aspects of the considered methods of land valuation and cases of using their results were revealed.
Keywords: normative monetary valuation, cadastral valuation, approaches and methods of valuation, income approach, capitalized land rent.
Pages: 100-105.
Link for citation: Bogak, L. N.; Kholostenko, A. V. On the Issue of the Cost of Real Estate for Tax Purposes in Ukraine and Russia. – Text : electronic. – In: Proceeding of the Donbas National Academy of Civil Engineering and Architecture. – 2021. – Issue 2021-2(148) Problems of architecture and urban planning. – Р. 100-105. – URL: https://donnasa.ru/publish_house/journals/vestnik/2021/2021-2(148)/st_14_bogak_holostenko.pdf (date of access: 15.10.2024). (in Russian)
Issue 2021-2 (148)Journal: Proceeding of the Donbas National Academy of Civil Engineering and Architecture
Publish house: Donbas National Academy of Civil Engineering and Architecture