MEDIUM-TERM RESERVATION AS AN INSTRUMENT FOR INCREASING THE STABILITY OF TAX REVENUES (ON THE EXAMPLE OF PROFIT TAX)

The article is devoted to the study of the possibilities of stabilizing tax revenues by creating medium-term reserves based on the most volatile non-oil and gas budget revenues. The proposed design of the tax stabilization fund allows saving some of the excess resources generated during periods of e...

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Main Authors: A. Savtsova, D. Buklanov
Format: Article
Language:Russian
Published: North Caucasus Federal University 2022-02-01
Series:Вестник Северо-Кавказского федерального университета
Subjects:
Online Access:https://vestnikskfu.elpub.ru/jour/article/view/288
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author A. Savtsova
D. Buklanov
author_facet A. Savtsova
D. Buklanov
author_sort A. Savtsova
collection DOAJ
description The article is devoted to the study of the possibilities of stabilizing tax revenues by creating medium-term reserves based on the most volatile non-oil and gas budget revenues. The proposed design of the tax stabilization fund allows saving some of the excess resources generated during periods of economic recovery, with a view to their subsequent use to compensate for "lost" income in the context of stagnation. The results of an empirical analysis indicate a decrease in the volatility of income tax revenues and the adequacy of the reserve formed for the full repayment of their negative fluctuations.
format Article
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institution Kabale University
issn 2307-907X
language Russian
publishDate 2022-02-01
publisher North Caucasus Federal University
record_format Article
series Вестник Северо-Кавказского федерального университета
spelling doaj-art-fdb8cfb6c07b4280a6d273521eb1236d2025-08-20T03:37:30ZrusNorth Caucasus Federal UniversityВестник Северо-Кавказского федерального университета2307-907X2022-02-0102131137287MEDIUM-TERM RESERVATION AS AN INSTRUMENT FOR INCREASING THE STABILITY OF TAX REVENUES (ON THE EXAMPLE OF PROFIT TAX)A. Savtsova0D. Buklanov1North Caucasus Federal UniversityDonskoy State Technical UniversityThe article is devoted to the study of the possibilities of stabilizing tax revenues by creating medium-term reserves based on the most volatile non-oil and gas budget revenues. The proposed design of the tax stabilization fund allows saving some of the excess resources generated during periods of economic recovery, with a view to their subsequent use to compensate for "lost" income in the context of stagnation. The results of an empirical analysis indicate a decrease in the volatility of income tax revenues and the adequacy of the reserve formed for the full repayment of their negative fluctuations.https://vestnikskfu.elpub.ru/jour/article/view/288ax revenuesprofit taxsystematic riskreservationstabilityvolatilitystabilization fund
spellingShingle A. Savtsova
D. Buklanov
MEDIUM-TERM RESERVATION AS AN INSTRUMENT FOR INCREASING THE STABILITY OF TAX REVENUES (ON THE EXAMPLE OF PROFIT TAX)
Вестник Северо-Кавказского федерального университета
ax revenues
profit tax
systematic risk
reservation
stability
volatility
stabilization fund
title MEDIUM-TERM RESERVATION AS AN INSTRUMENT FOR INCREASING THE STABILITY OF TAX REVENUES (ON THE EXAMPLE OF PROFIT TAX)
title_full MEDIUM-TERM RESERVATION AS AN INSTRUMENT FOR INCREASING THE STABILITY OF TAX REVENUES (ON THE EXAMPLE OF PROFIT TAX)
title_fullStr MEDIUM-TERM RESERVATION AS AN INSTRUMENT FOR INCREASING THE STABILITY OF TAX REVENUES (ON THE EXAMPLE OF PROFIT TAX)
title_full_unstemmed MEDIUM-TERM RESERVATION AS AN INSTRUMENT FOR INCREASING THE STABILITY OF TAX REVENUES (ON THE EXAMPLE OF PROFIT TAX)
title_short MEDIUM-TERM RESERVATION AS AN INSTRUMENT FOR INCREASING THE STABILITY OF TAX REVENUES (ON THE EXAMPLE OF PROFIT TAX)
title_sort medium term reservation as an instrument for increasing the stability of tax revenues on the example of profit tax
topic ax revenues
profit tax
systematic risk
reservation
stability
volatility
stabilization fund
url https://vestnikskfu.elpub.ru/jour/article/view/288
work_keys_str_mv AT asavtsova mediumtermreservationasaninstrumentforincreasingthestabilityoftaxrevenuesontheexampleofprofittax
AT dbuklanov mediumtermreservationasaninstrumentforincreasingthestabilityoftaxrevenuesontheexampleofprofittax