Savina, O. N. Evaluating Effi ciency of Tax Privileges under Existing Russian Tax Laws and Creating Ways to Improve it

Abstract: Tax privileges have been approved for is an effective instrument of State business, investment, innovation, labour force activity, development of science, technology and the social sphere. The more pressing issue is the benefi ts of its use and providing them to those who really need them. Assessing the legislation on taxes and fees of the Russian Federation at the current moment, it could be argued that a system of tax incentives and preferences only partly inadequate. There is a need for methods of assessment of tax benefi ts that unifi ed criteria for their effectiveness. In addition to traditional criteria, other estimates put that will deepen and refi ne the assessment of the impact of tax incentives, to improve the quality of the monitoring of their effectiveness and will guide budgetary and fi nancial forecasting and planning activities of the State and taxpayers.

Keywords: