Yezeeva I. R. Tax inequity

Abstract: This article explores the issues of tax inequity in Russia, from the point of view of both, natural persons and legal persons. The author substantiates the unacceptability of the new luxury tax. The new tax may trigger outflows of capital from Russia, into countries that do not have such tax. In case the tax rates are too severe, the majority of income of the wealthy population will slide into the informal sector. It is necessary to wait for the real estate tax to be introduced and observe its dynamics. Introducing and utilizing the real estate tax will possibly cause for the “luxury tax” rejection. Thus, it is necessary to demonstrate patience and care as far as luxury tax is concerned, despite the continuous attention towards it.

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