INTERNATIONAL PRACTICE OF REAL ESTATE TAXATION

The international practice of real estate taxation in Russia, Germany and China is considered. Each country has its own peculiarities. For instance, in Germany there is a universal real estate tax for entities and persons. Property transfer taxation is characteristic of Chine. The real estate taxation in the Russian Federation is characterized by the tax rate limit for organizations’ property, which is 2.2 %. The practice of these countries, some taxation peculiarities can be implemented in the Republic of Kazakhstan, aiming at improvement of real estate taxation system.