PROBLEMS IN ADMINISTRATION OF TAX ON REAL ESTATE OTHER THAN LAND IN UKRAINE

Abstract

Urgency of the research. Real property tax is one of the newest payments, administered by the State Fiscal Service of Ukraine. Thus, there is a need for a detailed study of the tax application. Target setting. Introduction of real property tax was unexpected for local budgets. After all, it is the first real local payment, supporting revenues of local communities. However, there are many contradictions in its administration. Actual scientific researches and issues analysis. Issues of real property tax operations are revealed in scientific works of M. Karlin, N. Boboh, V. Vyshnevskyi, V. Chekin, S. Paranchuk and other scientists. Uninvestigated parts of general matters defining. Fiscal assessment of actual results of the tax operations are not sufficiently described. Several years have already passed after the tax introduction. That is why there is a need to determine the first results of real property tax operations. The research objective. The aim of the article is to study and estimate efficiency of fiscal operation of real property tax and define problematic aspects of its administration. The statement of basic materials. The work argues preconditions of real estate taxation in Ukraine. It characterizes tax base, tax rate and beneficiaries. Basing on the data of the Ministry of Finance of Ukraine, we have analyzed cash flows to increase revenues of local self-governments. Dynamics of revenue from this tax makes positive impact on local budgets. Conclusions. To improve the administration of property tax, it is recommended to solve the following problematic aspects. They are: 1) to complete formation of electronic database of taxes in 2017; 2) to develop a mechanism of real estate registration with elements of financial amnesty for rural population; 3) to freeze raise of tax rates because of economic poverty of population.