Business tax and valuation of property

The article describes the authors view on the prospects of introducing a tax on real estate in Russia. It is shown that the problem is deadlocked. Most of the decisions taken today on the land evaluation and administration of property tax do not contribute to the manifestation of the basic functions of the real estate tax - a function of sustainable development of territories. Conclusions about the need to develop a new concept of real estate taxation and concrete proposals for changing the existing situation.