Tax regulation of the russian economy real sector crediting

Abstract

© 2019, Research Trend. All rights reserved. This article is devoted to one aspect of the tax regulation of the credit policy of banks in relation to the real economy – the possibility of differentiating tax rates on profits of banks. The Russian model of tax does not involve the differentiation of tax rates on income, including for banks. The study showed that differentiation of the profit tax rates of banks would release financial resources to banks for lending to the real sector, which in turn, will cover the need for short-term and long-term loans to the real economy in order to update the fixed assets, innovation and creating added value. The application of differentiated rates of tax on income will bring the multiplier effect in the direction of both tax and non-tax revenues. So, by expanding the resource base of the enterprises, will increase the amount of taxes paid to the budget due to the expansion and creation of added value.