Aguzarova, F. S. Luxury Tax: Social Aspect

Abstract: Tax transformation has always been a special issue for the Russian Federation and has grown especially severe presently. This is caused by the new luxury tax and the idea of combining the two taxes, individual property tax and land tax into a single property tax. The author of the article studies the problems of reformation of tax system from the point of view of social security and proves the need in supporting local budgets through increasing tax revenues. The present article contains not only research opportunities, but also recommendations in the sphere of formation of tax justice. The author’s ideas can be successfully used by legislative authorities of the Russian Federation. The author makes certain conclusions about the relevant nature of this issue and points out that it will be soon implemented in practice.

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