TAX ON PROPERTY OF LEGAL ENTITIES AND INDIVIDUALS

Abstract

Article explores the taxation of property owned by legal entities and individuals, highlighting the differences in tax obligations, assessment methods, and regulatory frameworks that govern property taxes. It examines how various jurisdictions implement property tax laws, the implications for property owners, and the impact of these taxes on economic behavior and investment decisions. The article also discusses recent trends in property taxation, including shifts towards more equitable assessment practices and the integration of technology in tax collection. By analyzing case studies and current policies, the article aims to provide a comprehensive overview of property taxation and its significance in the broader context of fiscal policy