TAX REVENUES OF BUDGETS IN CONDITIONS OF CURRENT TAX LEGISLATION

Abstract

The relevance of the research topic is due to the fact that taxes are an important component of budget revenues at various levels. With the help of taxes, the activities of the state, the functioning of the budgetary sphere, and the financial stability of the state are ensured. The Russian Federation, being a federal state, has a three-level budget: federal, regional and local budgets. Taxes, being one of the sources of budget revenue generation, are also divided by the tax legislation of the Russian Federation into three levels: federal, regional and local. Budget legislation introduced the principle of differentiating the income, expenses and sources of financing budget deficits between the budgets of the budgetary system of the Russian Federation, defined the budgetary powers of the Russian Federation, subjects of the Russian Federation and municipalities. The study purpose is to examine the role and significance of taxes assigned to certain budgets of the budgetary system in forming their revenue part. The scientific novelty is determining the influence of external conditions on the finances of budgets at various levels, for this purpose, budgets in the pre-pandemic, pandemic and post-pandemic periods were studied. The study was conducted using general theoretical methods: deduction, generalization, analysis, synthesis, comparison, contrast, the tabular method, etc. The study found that taxes assigned to regional and local budgets do not perform regulatory, stimulating functions, do not provide financial independence of regional and local budgets.