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PDF: Author(s): Ivanov M. V., Sokolitsyn A. S., Volodin A. A.,
Number of journal: 1(54) Date: February 2021

The article deals with the issue of reducing losses in the shadow sector of the economy of St. Petersburg. The problem lies in the insufficient use of the most progressive achievements of this mechanism in the state apparatus. The purpose of this work is to develop and calculate the profitability of a new approach to the fiscal policy of the Russian Federation, which would avoid hiding income from renting property and would be a modern adaptation of a progressive scale. The authors analyzed 230 households of representatives of various strata of society, occupying middle and high positions. Based on the analysis of the budget, an econometric model was developed with which it was possible to calculate the effectiveness of the proposed rate of personal tax on property of individuals, which is introduced according to the similar systems in Norway and the United States, as well as the amount of losses that the city budget incurs annually due to concealment of income from the rental of property. Based on the data obtained, it was concluded that with the help of modern digital tools, e.g. databases, and means of automatic collection of information on taxing the property of individuals and income from it, the city budget can receive quite significant budget revenues, which can be used to improve social conditions of society. In addition, the article presents the analytical structure of the households of state and municipal employees living and working in St. Petersburg, as well as of deputies of different levels. The amount of income that is not received due to the shadow real estate market is estimated at 287 million rubles per year, which is a very significant sum for Russia. In the study, the assumptions of modern Russian fiscal legislation were made; for a number of complex factors described, the Pareto principle was applied.


socio-economic inequality, econometric modeling, regional economy, real estate market, shadow sector of the economy, taxes, fiscal policy of the state, personal property tax, the effectiveness of government regulation, public administration, tax burden.

For citation:

Volodin A. A., Ivanov M. V., Sokolitsyn A. S. On the possibilities of improving the fiscal load on property of individuals in Saint Petersburg. Business. Education. Law, 2021, no. 1, pp. 76—82. DOI: 10.25683/VOLBI.2021.54.162.