Legal regulation of taxation of property of physical and legal entities in the Samara region

The article analyzes the process of adoption of regulatory legal acts governing the taxation of property of individuals and organizations in the Samara region, after were made to the new articles 12 and 85 part one and part two of the Tax code of the Russian Federation and the transition took place from the inventory value to the cadastral value of real estate. Considering the benefits for businesses and the efficiency of their administration. Makes the conclusion about the possibility of reducing the tax base and the conditions of granting exemptions.