Subject The article addresses tax revenues in the Russian Federation at the State and regional level, and factors that influence the revenue rates. Objectives Our aim is to determine the influence of factors of tax revenue growth from the perspective of certain taxes and regions. Methods We employed logarithmic and integrated methods of factor analysis to assess the quantity aspect of each factor’s influence on changes in revenues from different taxes. The paper draws upon official statistics for 9 years. Results Based on the analysis of Russian and foreign academic literature, we investigated approaches to tax systems modeling and tax revenue decomposition. We offer a multiplicative model of tax revenue formation in the Russian Federation driven by three factors: the level of tax yield that assesses the influence of changes in the tax policy and structural changes in the country’s economy; real economic growth rates; inflation element of tax revenues. At the regional level, the model is extended based on the fourth factor, i.e. regional relative tax yield reflecting the specifics of region’s economic system and tax administration. Conclusions The analysis shows that the inflation factor had a dominant and growing influence on tax revenue growth; the economic growth factor generally had positive influence decreasing over years; the federal tax revenue factor had oppositely directed effect on revenues from various taxes, its intensity changes from year to year. The findings may be useful for assessing the quality of regional and federal tax policies.
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