Open AccessFEATURES OF TAXATION OF INCOME FROM THE SALE OF LAND BY INDIVIDUALS FROM A POSITION OF A COMBINATION OF PUBLIC AND PRIVATE INTERESTS
Author(s) -
G.L. Zemlyakova
Publication year - 2020
Publication title -
vestnik udmurtskogo universiteta. èkonomika i pravo
Language(s) - English
Resource type - Journals
eISSN - 2413-2446
pISSN - 2412-9593
DOI - 10.35634/2412-9593-2020-30-1-153-158
Subject(s) - possession (linguistics) , position (finance) , business , income tax , order (exchange) , land tenure , balance (ability) , public economics , easement , land registration , land law , nonpossessory interest in land , economics , finance , law , geography , political science , agriculture , medicine , philosophy , linguistics , archaeology , physical medicine and rehabilitation
The article deals with situations when the taxation of income of citizens with income tax from the sale of land does not fully comply with the principle of maintaining a balance of public and private interests. In particular, these are cases of sale of newly formed land plots, land plots held by citizens on the rights of permanent (unlimited) use or lifelong inheritable possession prior to registration of ownership of them, seizure of land plots or their parts for state or municipal needs. In order to protect private interests and stimulate the turnover of land plots, the author proposes exempting citizens from income tax when selling land plots before the expiration of the minimum term of owning an immovable property in these cases.