Abstract
Each state develops specific regulations and procedures for various activities, of which tax regulation is integral. Modern tax policy lacking standardized legislation results from poorly developed methods for evaluating tax regulation effectiveness. Hence, the primary need here is to identify the nature and purposes of tax regulation, the position it takes in the whole system of state regulation, to analyze the existing methods and to determine the criteria for evaluating their effectiveness. The paper presents the results of analysis performed to evaluate the effectiveness of various methods of tax regulation in innovative activities. It seeks to determine a set of indicators to evaluate the effects of measures in tax regulation and tax regulating mechanisms at both micro-and micro-economic levels. Evaluating the effectiveness of procedures and tools in tax regulation requires calculating the tax loyalty and burden rates, applying methods of expert evaluation, assessing the tax regulating effectiveness rates, including economic and cost effectiveness rates, tax collection rates, evaluation of the accuracy of data and calculations, and indicators to evaluate the effect of incentives. The study reveals a necessity for the Russian tax authorities to intensify activities and measures in tax policies to provide for tax and economic incentives resulting in continuous modernization and innovation. The further studies require complex approaches to both issues in theory and practice of tax regulation and theoretic foundations for amendments in the current tax legislation.
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