Magomedrasul M. GADZHIEVDagestan State University of National Economy (DSUNE), Makhachkala, Republic of Dagestan, Russian Federation ra9898@mail.ru ORCID id: not available
Subject. The article deals with assessment of threats to tax security of the Vologda Oblast in the context of innovative economy development. During the development of the country’s technological sovereignty and innovative economy to resist the pressure of Western countries, it is critical to determine possible directions for improving the tax security of regions. Objectives. The study aims to analyze the impact of conditions for innovative economy development on tax security of the region, using the Vologda Oblast case. Methods. We employ special economic methods, including structural and dynamic analysis, analysis of tax base formation for taxes. Results. The paper presents our own definition of the concept of tax security of the region. It shows that in order to ensure the tax security of the region, the tendency to establish a regional budget based on corporate income tax is negative. We proved that innovative economy development with intangible assets on the balance sheet of enterprises will be a threat to tax security of the region, since their amortization will reduce the taxable income tax base. Using the PAO Severstal case, we demonstrate the possibility of enterprises to legitimately reduce the tax base for corporate income tax through managing the structure of net income and increasing the share of amortization. Conclusions. In conditions of innovative economy development, personal income tax should become the main tax that forms the budget of the region. The findings can be used by government authorities when planning the regional budget and establishing tax benefits.
Keywords: tax security, regional budget, corporate income tax, personal income tax, intangible asset
References:
Aleksandrova E.A., Sapozhnikova S.M., Reikhert N.V. Aktual'nye problemy teorii i praktiki byudzhetno-nalogovoi bezopasnosti regiona: monografiya [Urgent problems of the theory and practice of fiscal security of the region: a monograph]. Cheboksary, Sreda Publ., 2022, 304 p.
Mishchenko V.V. [On tax security of the State and its subjects]. Ekonomika i upravlenie innovatsiyami = Economics and Innovation Management, 2018, no. 2, pp. 51–61. (In Russ.) URL: Link
Varaksa N., Korostelkina I., Dedkova E., Konstantinov V. Formation of Tax Security as a System-Forming Element of Financial Security. In: I.V. Kovalev, A.A. Voroshilova, G. Herwig, U. Umbetov, A.S. Budagov, Y.Y. Bocharova (Eds) Economic and Social Trends for Sustainability of Modern Society (ICEST 2020), vol. 90. European Proceedings of Social and Behavioural Sciences (pp. 655–661). European Publisher. URL: Link
Semikin D.V., Bitkina I.K., Zemlyanskaya I.S. et al. Obespechenie ekonomicheskoi bezopasnosti Volgogradskoi oblasti: monografiya [Ensuring the economic security of the Volgograd Oblast: a monograph]. Volgograd, Institute of Management – Branch of RANEPA Publ., 2019, 300 p.
Golovanova L.A. [Financial security of the region: Concept and essence]. Uchenye zametki TOGU, 2020, vol. 11, no. 4. (In Russ.) URL: Link
Harutyunyan V.L. Assessment of tax potential and ways to increase efficiency of tax administration in the RA. Sciences of Europe, 2018, vol. 3, iss. 24, pp. 12–20. URL: Link
Aleksandrova E.A. [Regional tax security: Essence and indicators of assessment]. Finansovaya ekonomika =Financial Economics, 2021, no. 10, pp. 99–102. (In Russ.)
Aleksandrova E.A. [Analysis and assessment of the level of tax security of the region]. Finansovyi biznes = Financial Business, 2021, no. 12, pp. 115–121. (In Russ.)
Demchenko I.E. [Indicative analysis of budget and tax security of the Vologda Oblast]. Ekonomika. Sotsiologiya. Pravo = Economics. Sociology. Law, 2021, no. 4, pp. 18–27. URL: Link (In Russ.)
Maiorova A.N. [Analysis of intangible assets of Russia by economic activities]. Azimut nauchnykh issledovanii: ekonomika i upravlenie, 2019, vol. 8, no. 1, pp. 219–221. (In Russ.) URL: Link
Karasel'nikova M.V. Perspektivy razvitiya rynka intellektual'noi sobstvennosti: zarubezhnyi opyt i rossiiskaya praktika. V kn.: Vliyanie tsifrovoi ekonomiki na finansovye rynki i banki: monografiya [Prospects of intellectual property market development: Foreign experience and Russian practice. In: The impact of digital economy on financial markets and banks: a monograph]. Moscow, KnoRus Publ., 2020, pp. 163–169.