The importance of the principles of efficiency and fairness in property taxation

Introduction: to conduct an effective tax policy in the modern world, the state needs to rethink the development strategy in property taxation, which should be based on a system of taxation principles, in particular, the principle of efficiency (in conjunction with the principle of fairness). The novelty of the research lies in the fact that despite the theoretical research works on the subject under consideration, this area has not been sufficientlystudied in the formation of a unified concept of the principle of efficiencyin taxation (including property), which manifests the relevance of the work and the need for the study. The paper alsoconsiders the implementation of the principle of justice through the prism of property taxation in Rostov and Volgograd regions and examines the tools for applying the principle of justice in property taxation in law enforcement activities. Purpose: to study the statistics of tax efficiency together with the implementation of the principle of fairness in the modern tax system (through the example ofproperty taxation in Rostov and Volgograd regions). Methods: the research is based on the method of system analysis and dialectics, synthesis, analogy, deduction, induction, the historical method, the method ofunity of theory and practice, as well as special legal methods (the formal-legal method, the empirical methods ofcognition and the dogmatic methods). Results: theformation of the concept of property taxation based on the principles of efficiency and fairness based on the analysis, statistical data, court decisions, and relations between the taxpayer, tax authorities, and the state due to thelack of sufficient study of the research in the scientific environment. Conclusions: the principle of equityof property taxation should take into account the peculiarities ofmodern legal andsocial realities, as well as the practical relations in taxation, together with the indicators of the effective principle of the same name by applying such principles in the theoretical and practical aspects.