Subject The article considers the influence of models of fiscal federalism on the level of taxable capacity of Russian regions. Objectives The study aims to develop theoretical and practical recommendations for improving the Russian model of fiscal federalism, which implies creating an efficient three-tier tax system under the formation of a decentralized model of federal relations to enhance the taxable capacity of Russian regions. Methods The study employs certain methods of economic research, i.e. economic and statistical classification, time series, tabular and graphic representation of statistical data. Results The scientific novelty of the paper is in the development of theoretical tenets and practical recommendations aimed at improving the efficiency of the existing model of fiscal federalism to enhance the taxable capacity of Russian regions. The paper reveals specific characteristics, the structure and functions of models of fiscal federalism available in the world practice. Based on best practices, we distinguish different types of models of fiscal federalism. We also offer our original model to allocate sources of tax revenues and powers between the levels of the budgetary system of the Russian Federation. Conclusions The practical importance of the research is in the formulated proposals and recommendations for reforming the tax system and the existing model of fiscal federalism. Their implementation will enable a comprehensive approach to realization of socio-economic development programs for the Russian Federation and its individual regions.
Keywords: fiscal federalism, fiscal capacity, taxable capacity, budget, tax system
References:
Nalogi i nalogooblozhenie. Palitra sovremennykh problem: monografiya dlya magistrantov, obuchayushchikhsya po programmam napravleniya Finansy i kredit [Taxes and taxation. A set of modern issues: a monograph for MBA degree students majoring in Finance and Credit]. Moscow, YUNITI-DANA Publ., 2014, 315 p.
Aliev B.Kh., Sultanov G.S., Magomedov A.M. [Prospects of improving the tax system of the Russian Federation using the tax assessment practice applied in the United States]. Fundamental'nye issledovaniya = Fundamental Research, 2016, no. 2-1, pp. 115–119. (In Russ.)
Brown C., Jackson P.M. Public Sector Economics. Wiley-Blackwell, 1990.
Blaug M. Ekonomicheskaya mysl' v retrospective [Economic Theory in Retrospect]. Moscow, Delo Publ., 1994, 687 p.
Shumpeter J. Istoriya ekonomicheskogo analiza [History of Economic Analysis: collected works in 3 volumes]. St. Petersburg, Ekonomicheskaya shkola Publ., 2004.
Mirovaya ekonomicheskaya mysl'. Skvoz' prizmu vekov. V 5 t [The world economic thought. Through the prism of centuries. In 5 vol]. Moscow, Mysl' Publ., 2004.
Istomina N.A., Kotel'nikova M.V. [The theory and practice of forecasting the tax revenues at the regional level]. Ekonomika regiona = Economy of Region, 2009, no. 2, pp. 236–240. (In Russ.)
Hughes G., Smith S., Tabellini G. Economic Aspects of Decentralized Government: Structure, Functions and Finance. Economic Policy, 1991, no. 6(13), pp. 426–459.
Ivanov V.V. [Typology of intergovernmental relations and fiscal federalism models]. Vestnik Murmanskogo gosudarstvennogo tekhnicheskogo universiteta = Vestnik of MSTU, 2010, vol. 13, no. 1, pp. 5–14. (In Russ.)
Sultanov G.S., Aliev B.Kh., Glotova V.G. [Boosting the investment activity of companies by tax-related methods: best practice]. Fundamental'nye issledovaniya = Fundamental Research, 2015, no. 9-2, pp. 379–383. (In Russ.)
Bogacheva O. [Formation of the Russian model of fiscal federalism]. Voprosy Ekonomiki, 1998, no. 8. (In Russ.)
Aliev B.Kh., Sultanov G.S., Salavatov M.I. Effektivnost' gosudarstvennogo nalogovogo menedzhmenta v usloviyakh byudzhetnogo defitsita [Efficiency of the State tax management under budget deficit]. Available at: Link. (In Russ.)
Israpilov Kh.A., Suleimanov M.M. [A role of regional tax policy in strengthening the taxable capacity of territories]. Nalogi i nalogooblozhenie = Taxes and Taxation, 2015, no. 11, pp. 860–873. (In Russ.)
Ostrom V. Smysl amerikanskogo federalizma. Chto takoe samoupravlyayushcheesya obshchestvo [The Meaning of American Federalism: Constituting a Self-Governing Society]. Moscow, Arena Publ., 1993, 320 p.
Fadeeva T.M. [European federalism: current trends]. Sotsial'nye i gumanitarnye nauki. Otechestvennaya i zarubezhnaya literatura. Seriya 5: Istoriya = Social Sciences and Humanities. Domestic and Foreign Literature. Series 5: History, 1997, no. 3, pp. 3–27. (In Russ.)
Aliev B.Kh., Somoev R.G., Kravtsova N.I., Suleimanov M.M. [A role of tax federalism in regions' inter-territorial differentiation evening-out]. Nalogi i nalogooblozhenie = Taxes and Taxation, 2015, no. 9, pp. 655–664. (In Russ.)
