Issues and prospects of computation and payment of tax on property of natural entities

This article examines of modern aspects of the practice of computation and payment of tax on property of natural entities. The changes were introduced January 1 of 2015 in connection with the introduction of Chapter 32 of the Tax Code of the Rus- st sian Federation are analyzed, and the basic regularities of improving the taxation of property of natural entities are revealed. The article author considered the key features of improving the property tax of natural entities, associated with a change in the object of taxation, taxation rate changes in the system of tax administration. The method of transition to the application of a new system of determining the tax base for this tax is analyzed. The paper shows the features of computation and payment of tax in the city of Moscow, as this tax is put into effect not only by the Tax Code of the Russian Federation, but also by the law of the city of Moscow. The tax rates in the city of Moscow are concretized, proceeding from various cadastral costs of real estate objects. The article author proposes not only to consider the problematic situations related to the bureaucratic administration, computation and payment of tax on property of natural entities, but it also offers specific directions of improving the tax in the future. Further development of the tax on property of natural entities requires a study of both positive and negative experiences. The experience will allow the legislative and executive public authorities to introduce timely amendments to the legislative acts in the field of taxation.