COMPREHENSIVE ASSESSMENT OF EFFICIENCY OF TAX PRIVILEGES FOR SUBJECTS OF INNOVATIVE ACTIVITY

In recent years, the need for transition of the Russian economics from the export‑raw materials to an innovative type of development has been increasingly discussed. The achievement of such a goal is possible through establishing of the conditions for activation of innovative processes, transformation of the potential of the scientific and technical centers and innovative companies into a factor of economic growth on the basis of transfer of the results of the scientific and technical activities in the manufacturing and production of competitive products. The use of direct and indirect measures to support the participants of the innovation system at all stages of their formation and development, including the system of tax benefits, will contribute to activation of the innovation activity in the country. Tax incentives are an effective tool of the economic policy, but the use of tax incentives should be reasonable and effective. In this article we examined the issue of evaluation of efficiency of tax privileges for the subjects of innovative activity. The authors study the regional experience of assessing effectiveness of tax benefits, as well as the experience of analyzing the effectiveness of tax benefits by regulatory authorities, and identify the problems of such assessment. According to the results of the study of the problem of assessing the effectiveness of tax incentives for innovation, a system of indicators is proposed that allows assessing the budgetary, social and economic efficiency of tax incentives. The system of indicators for assessing the effectiveness of tax incentives contains both absolute and relative indicators that allow analyzing the changes and development of the innovation system. The authors propose an integral indicator of assessing the socio‑economic efficiency of tax incentives for innovation. The practical example of calculation of indicators of efficiency of tax privileges for the subjects of innovative activity is given. The methodology includes not only a quantitative assessment of tax benefits, but also an analysis of qualitative changes in the innovation system.

innovations, innovation activity, innovation promotion, government support for innovation, tax incentives, efficiency of tax benefits, budget efficiency, social efficiency, economic efficiency, integrated performance indicator, comprehensive assessment of tax benefits.

Kiseleva O. V., Mokrousov A. S. Comprehensive assessment of efficiency of tax privileges for subjects of innovative activity // Business. Education. Law. 2018. No. 4 (45). Pp. 130–138. DOI: 10.25683/VOLBI.2018.45.456.