ACCOUNTING AND ACCOUNTING FOR REAL ESTATE TAXES IN THE LIGHT OF DETERMINING THE TAX BASE BETWEEN MARKET PRICES AND MODERN ESTIMATION METHODS
The real estate evaluation to reach the real estate tax base is still in its infancy, especially in the Arab countries, despite its practice for a long time, and the process requires the adoption of clear and specific steps through which to reach the value based on unified approved bases in the evaluation by entities that carry out this task. Thus, our research aims to shed light on the difficulties and challenges faced by the assessment committees specialized in real estate appraisal in the General Tax Authority in the assessment process, especially in choosing the basis of assessment that can be relied upon in assessing real estate, which may negatively affect the proceeds of real estate taxes. On this basis, the main hypothesis of the research is formulated on the relationship between the method of evaluating the value of the property and the exact determination of the rea estate tax base. In order to reach these hypotheses, the most important real estate appraisal methods used to reach the tax base were reviewed and compared with the assessment methods according to the controls used on a sample of Baghdad real estate. Thus, the research recommends the need to reconsider real estate valuation methods and adopt the market method to obtain the highest tax revenues after reviewing the tax price for real estate taxes according to their types.
Keywords: Tax Accounting, Real Estate Taxes, Determining The Tax Base, Modern Estimation Methods.