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National Interests: Priorities and Security
 

Analysis of foreing experience in budget equation

Vol. 5, Iss. 3, FEBRUARY 2009

Available online: 23 September 2009

Subject Heading: Foreign experience

JEL Classification: 

Suglobov А.Е. Doctor of Economics, associate professor, Head of the Department of the Economy study, finances and statistics, Moscow University of the Ministry of Internal Affairs

Cherkasova Y.I. assistant professor, Commercial and economic institute of Krasnoyarsk ;

Study shows that taxes and duties payable by local authorities differ widely in different countries. Most countries (both industrial and emergent nations, both in federal and in national forms of government) practice a number of subnational taxes. It is arguable that personal income tax in industrial nations plays a greater part in local budgeting than that in emergent nations.

Keywords: budget, taxes, excise taxes, income, equation, imbalance, transfer

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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