Tax policy in the field of investments as a factor of economic development of Russia

Abstract

Purpose: evaluate the existing instruments of tax policy in the field of investments and determine their priority areas. Discussion: since taxes make up a significant share of the total income in the economy, attempts should be made to use them both for redistributing income and for influencing the growth rate of the economy. All this can be achieved to modernization of production potential. The basis of these transformations is investment. It is possible to revive the real sector of the economy only under the condition of increasing investments and improving their structure. The tax policy in the field of investment activity can have a significant impact on the economic behavior of business entities, affecting their decision-making regarding the directions and magnitude of investments. These transformations are based on investment activities. It is possible to revive the real sector of the economy only if investments are increased and their structure is improved. Tax policy in the field of investment activity can have a significant impact on the economic behavior of business entities, affecting their decision-making regarding the direction and amount of investment. Results: the features of state regulation of tax policy in the field of investment are analyzed; the role of individual taxes in state regulation of investment activity is revealed; recommendations are given for improving certain elements of tax policy as a real incentive for involving companies in investment activities.