Assessing the income shortfall of the budget of constituent entity of the Russian Federation due to exemption from taxes charged on individual’s real estate
Tax exemption does not always correspond to the principle of social justice. Preferential treatment for one taxpayer in the context of budget deficit means an additional burden for the other. Assessing the dynamics of income shortfall due to exemption from taxes charged on individuals indicates that local and regional budgets fall short of considerable income sources. The author considers that transition to single tax charged on individual’s real estate is one of possible ways to solve the problem.