The features of personal property taxation in the Russian Federation and the Czech Republic

The article compares the personal property taxation in Russia and the Czech Republic. Each of these countries has the peculiarities of the personal property taxation: the way of tax calculation, payment terms, and others. Basically the taxation in the Czech Republic and Russia is very different from each other, but there are similarities as well. Thus, in both countries a taxpayer is an individual, an owner of the property is recognized as a subject to taxation. A tenant does not pay the tax. Also the tax period is the same - one year. In the course of the comparative research there have been identified positive aspects of the personal property taxation in each of the countries. In the Czech Republic the significant advantage is the tax computation coefficient that depends on the location of the property. In Russia it is the benefits for some categories of citizens.