Challenges and opportunities for the development of the property tax on organizations in the Russian Federation

One of the key tools of fiscal policy in terms of property taxation is a corporate property tax. Disputable precedents arising from the taxation of real property are common in current judicial practice. This is due to the imperfection of the existing tax legislation. Obviousness and necessity of the regulation of this issue do not cause any doubts, because the corporate property tax is one of the most stable sources of budget replenishment of the Russian Federation constituent entities. Nevertheless, to date, this area continues to be undeveloped. These circumstances determine the relevance and practical significance of the chosen topic. Examining the prospects for property taxation, it is extremely important to rely on domestic realities, the global vector of development and current problems. The paper proposes ways to improve the corporate property tax, taking into account the specifics of domestic tax law, as well as the analysis of current judicial practice.