Abstract
Based on an analysis of national statistics on the structure and condition fixed production assets of Russiancompanies identified disparities in the structure of the fixed assets in Russia, as well as a high degree of wear andtear, (about 50%). In the study, the reasons for the poor state of basic production assets and identify opportunitiesto overcome the problem of low investment activity of domestic enterprises in the modernization of productionis determined that one of the main constraints is the current tax system and the associated high cost of investment.Determined that under the tax laws do not give preferences to the expected positive effect, because it does nothave a significant impact on reducing the cost of acquisition of machinery and equipment due to the highproportion of it indirect taxes (VAT, duties), which reduces the investment business opportunities at the sametime holding back the development of domestic engineering and construction industry, which are created and thebasic production assets (active and passive parts of them). As stimulus measures proposed substantial cuts inVAT and duties, and in high-tech equipment in strategic industries - complete their cancellation. Dropping out inconnection with this budget revenues at the initial stage may compensate by increasing excise taxes on certainproducts that are detrimental to public health (alcohol and tobacco), increased taxation on the export of capital.As a non-tax instruments to promote development of the proposed technical outsourcing (after-sales service ofprocess equipment), the use of which will provide the companies who invest in technological renovation ofproduction, significant cost savings by reducing the costs associated with the content in the state of highlyspecialized staff and simplify the process of enterprise management . The enterprises of mechanical engineeringwill be able to sustainable development and establishing long-term business relationships with client enterprises.
Highlights
Construction Real estate Energy production Manufacturing Mining and quarrying Construction AgricultureThe economic growth of the state, which is based on the development of industrial production, requires constant updating of material and technical base of the industrial enterprises and investment in the sphere of production
Determined that under the tax laws do not give preferences to the expected positive effect, because it does not have a significant impact on reducing the cost of acquisition of machinery and equipment due to the high proportion of it indirect taxes (VAT, duties), which reduces the investment business opportunities at the same time holding back the development of domestic engineering and construction industry, which are created and the basic production assets
Aim of this study is to develop a scientific and practical recommendations to stimulate investment by Russian companies in the modernization of production and the development of domestic machine-building based on the improvement of tax instruments that reduce the tax burden on businesses and the development of after-sales service of fixed assets
Summary
Construction Real estate Energy production Manufacturing Mining and quarrying Construction AgricultureThe economic growth of the state, which is based on the development of industrial production, requires constant updating of material and technical base of the industrial enterprises and investment in the sphere of production. Russia in the total capital stock of the state decreased the proportion of fixed assets in industry, construction and agriculture, significantly increased the proportion of transport and communications. Existing structural imbalances persist (see Figure 1) and significantly reduce the opportunities for economic development. The continuing trend of reducing the proportion of fixed assets in industry and agriculture in the total capital stock of the state is exacerbated by the high degree of depreciation of fixed assets (Table 1), which has a negative effect on the competitiveness of Russian enterprises. In the current situation is paramount to develop and implement measures to encourage the process of renewal of the fixed assets and the development of basic industries (engineering, construction), which are the basic production assets (their active and passive parts)
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