The Impact of Tax Policy on Sustainable Development of Economy

The author considers tax policy as one of the most important mechanisms of sustainable development of economy. The article analyzes positive and adverse aspects of introducing new federal laws to support business and measures of its backing adopted in 2022. The key current challenges for tax policy...

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Main Author: N. A. Arushanova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2023-06-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/1655
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author N. A. Arushanova
author_facet N. A. Arushanova
author_sort N. A. Arushanova
collection DOAJ
description The author considers tax policy as one of the most important mechanisms of sustainable development of economy. The article analyzes positive and adverse aspects of introducing new federal laws to support business and measures of its backing adopted in 2022. The key current challenges for tax policy were identified, such as growth in tax burden on the real sector of economy; a considerable share of shadow sector; insufficient level of tax administrating development. On this foundation the author put forward suggestions aiming at tax policy upgrading with due regard to overseas experience, which can rise efficiency of enterprises of small and medium business, cut their excessive tax burden, which could increase their profit and the number of enterprises and in the future have a positive influence on sustainable development of Russian economy.
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publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-673e170eea09419298be70cb67adcbdb2025-08-20T03:59:12ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512023-06-010311312010.21686/2413-2829-2023-3-113-1201095The Impact of Tax Policy on Sustainable Development of EconomyN. A. Arushanova0Plekhanov Russian University of EconomicsThe author considers tax policy as one of the most important mechanisms of sustainable development of economy. The article analyzes positive and adverse aspects of introducing new federal laws to support business and measures of its backing adopted in 2022. The key current challenges for tax policy were identified, such as growth in tax burden on the real sector of economy; a considerable share of shadow sector; insufficient level of tax administrating development. On this foundation the author put forward suggestions aiming at tax policy upgrading with due regard to overseas experience, which can rise efficiency of enterprises of small and medium business, cut their excessive tax burden, which could increase their profit and the number of enterprises and in the future have a positive influence on sustainable development of Russian economy.https://vest.rea.ru/jour/article/view/1655sustainabilitytaxesshadow economytax administrating
spellingShingle N. A. Arushanova
The Impact of Tax Policy on Sustainable Development of Economy
Вестник Российского экономического университета имени Г. В. Плеханова
sustainability
taxes
shadow economy
tax administrating
title The Impact of Tax Policy on Sustainable Development of Economy
title_full The Impact of Tax Policy on Sustainable Development of Economy
title_fullStr The Impact of Tax Policy on Sustainable Development of Economy
title_full_unstemmed The Impact of Tax Policy on Sustainable Development of Economy
title_short The Impact of Tax Policy on Sustainable Development of Economy
title_sort impact of tax policy on sustainable development of economy
topic sustainability
taxes
shadow economy
tax administrating
url https://vest.rea.ru/jour/article/view/1655
work_keys_str_mv AT naarushanova theimpactoftaxpolicyonsustainabledevelopmentofeconomy
AT naarushanova impactoftaxpolicyonsustainabledevelopmentofeconomy