The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in Russia
The article lists the categories that can be considered as taxation instruments. It is proposed to regard tax burden as the main instrument of tax policy for realising sustainable development of the country. It is concluded that in practice the consequences of its increase and decre...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2024-08-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/5415 |
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| author | N. A. Zatsarnaya N. I. Enatskaya |
| author_facet | N. A. Zatsarnaya N. I. Enatskaya |
| author_sort | N. A. Zatsarnaya |
| collection | DOAJ |
| description | The article lists the categories that can be considered as taxation instruments. It is proposed to regard tax burden as the main instrument of tax policy for realising sustainable development of the country. It is concluded that in practice the consequences of its increase and decrease can be difficult to predict. One of the reasons lies in the fact that financial decisions of companies are influenced not so much by the size of the tax burden as by the change in profitability provoked by it. The comparison of the tax burden and profitability indicators for all sectors of the Russian economy has been conducted. The correlation of the profitability (profitability of goods sold and profitability of assets) and the tax burden indicators by industries of the Russian economy has been calculated. The results are ambiguous: it is concluded that there is no connection between the environmental friendliness of the type of activity and the interdependence between the industry indicators of the tax burden and profitability. It has been found that not only the tax burden, but also the level of profitability are differentiated by industry. The classification of economic activities by the degree of environmental friendliness is proposed: directly affecting the environment, associated with the impact on it, associated with indicators of environmental safety, activities that have no direct connection with the environment. |
| format | Article |
| id | doaj-art-373d647558444cd9918e4d5ead356aee |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2024-08-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-373d647558444cd9918e4d5ead356aee2025-02-04T08:28:22ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152024-08-010710010910.26425/1816-4277-2024-7-100-1093157The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in RussiaN. A. Zatsarnaya0N. I. Enatskaya1Plekhanov Russian University of EconomicsCity Clinical Hospital named after A.K. YeramishantsevThe article lists the categories that can be considered as taxation instruments. It is proposed to regard tax burden as the main instrument of tax policy for realising sustainable development of the country. It is concluded that in practice the consequences of its increase and decrease can be difficult to predict. One of the reasons lies in the fact that financial decisions of companies are influenced not so much by the size of the tax burden as by the change in profitability provoked by it. The comparison of the tax burden and profitability indicators for all sectors of the Russian economy has been conducted. The correlation of the profitability (profitability of goods sold and profitability of assets) and the tax burden indicators by industries of the Russian economy has been calculated. The results are ambiguous: it is concluded that there is no connection between the environmental friendliness of the type of activity and the interdependence between the industry indicators of the tax burden and profitability. It has been found that not only the tax burden, but also the level of profitability are differentiated by industry. The classification of economic activities by the degree of environmental friendliness is proposed: directly affecting the environment, associated with the impact on it, associated with indicators of environmental safety, activities that have no direct connection with the environment.https://vestnik.guu.ru/jour/article/view/5415taxation instrumentstax burdentax instrumentsgreen economyenvironmental componentsustainable developmentprofitability of goods soldprofitability of assetstypes of economic activity |
| spellingShingle | N. A. Zatsarnaya N. I. Enatskaya The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in Russia Вестник университета taxation instruments tax burden tax instruments green economy environmental component sustainable development profitability of goods sold profitability of assets types of economic activity |
| title | The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in Russia |
| title_full | The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in Russia |
| title_fullStr | The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in Russia |
| title_full_unstemmed | The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in Russia |
| title_short | The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in Russia |
| title_sort | relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in russia |
| topic | taxation instruments tax burden tax instruments green economy environmental component sustainable development profitability of goods sold profitability of assets types of economic activity |
| url | https://vestnik.guu.ru/jour/article/view/5415 |
| work_keys_str_mv | AT nazatsarnaya therelationshipoftaxinstrumentsandperformanceindicatorsofcompaniestoensuretheenvironmentalcomponentofsustainabledevelopmentinrussia AT nienatskaya therelationshipoftaxinstrumentsandperformanceindicatorsofcompaniestoensuretheenvironmentalcomponentofsustainabledevelopmentinrussia AT nazatsarnaya relationshipoftaxinstrumentsandperformanceindicatorsofcompaniestoensuretheenvironmentalcomponentofsustainabledevelopmentinrussia AT nienatskaya relationshipoftaxinstrumentsandperformanceindicatorsofcompaniestoensuretheenvironmentalcomponentofsustainabledevelopmentinrussia |