Tax policy and economic growth possibilities: regional aspect

Abstract

Tax policy of the Russian Federation in the sphere of income taxation since the crisis year of 2009 was aimed at the reduction the tax burden on capital income in order to maintain the activity of economic entities. The tax burden reduction took place both in federal and regional component. The procedure of the tax payment by consolidated groups of taxpayers leads to the redistribution of tax revenues between the budgets of the subjects of federation and sets their more pronounced dependence on world markets. The structure of the tax benefits within profit tax varies considerably for the different types of subjects of Federation. Only in five regions the regional component of tax policy dominates. For all other subjects of the Russian Federation federal tax benefits form the main volume of losses for regional budgets. The abolition of regional tax benefits will not solve the problem with forming budgets revenue of subjects of the Russian Federation, it is necessary to find other sources.