IDEAS home Printed from https://ideas.repec.org/a/gam/jjrfmx/v17y2024i12p562-d1544983.html
   My bibliography  Save this article

Assessment of Factors Affecting Tax Revenues: The Case of the Simplified Taxation System in the Russian Federation

Author

Listed:
  • Kristina Alekseyevna Zakharova

    (Department of Economics and Finance, Finance and Economics Institute, University of Tyumen, 625003 Tyumen, Russia)

  • Danil Anatolyevich Muravyev

    (Department of Economics and Finance, Finance and Economics Institute, University of Tyumen, 625003 Tyumen, Russia)

  • Egine Araratovna Karagulian

    (Department of Economics and Finance, Finance and Economics Institute, University of Tyumen, 625003 Tyumen, Russia)

  • Natalia Alekseyevna Baburina

    (Department of Economics and Finance, Finance and Economics Institute, University of Tyumen, 625003 Tyumen, Russia)

  • Ekaterina Vladimirovna Degtyaryova

    (Department of Economics and Finance, Finance and Economics Institute, University of Tyumen, 625003 Tyumen, Russia)

Abstract

The simplified tax system is the most common special tax regime in the Russian Federation in terms of the number of taxpayers. Tax revenues from the simplified tax system account for 6% of the structure of tax revenues of the consolidated budgets of the constituent entities of the Russian Federation and more than 93% of the structure of tax revenues from special tax regimes. The purpose of this study is to identify and assess the factors influencing tax revenues from the tax levied in connection with applying the simplified system of taxation (taxable object—income reduced by the amount of expenses). The objective of this study is to determine a set of factors used by economists to model the level of tax revenues and to conduct a corresponding econometric analysis of the influence of the selected factors on the dependent variable to identify characteristics of the simplified taxation system functioning in the Russian Federation. The object of this study is the per capita tax revenue from the tax levied in connection with applying the simplified system of taxation (the object of taxation is income reduced by expenses) in the Russian Federation. The subject of the research is a set of economic relations, which arise because of tax-legal relations between tax authorities and taxpayers in relation to the calculation of the tax levied in connection with the application of the simplified taxation system. This study’s hypothesis is that the amount of tax revenues is influenced by factors characterizing the economic situation and development of small and medium businesses in the constituent territories of the Russian Federation. This study was conducted in 83 constituent territories of the Russian Federation in 2020–2022. The research methods are statistical analysis and econometric modeling on panel data. During this study, six econometric models were constructed. Based on the results of specification tests, the least squares dummy variables model was selected. The results of the modeling show that the tax rate, the number of taxpayers, and the real average per capita monetary income of the population have a statistically significant impact on the per capita tax revenue under the simplified tax system (the object of taxation is income reduced by the number of expenses). As a result, the focus of economic policy at both macro and meso levels should be on the support of small and medium-sized enterprises in the early stages of their life cycle, as well as on the increase of the purchasing power of the population. Based on the results obtained, it is possible to forecast the revenue side of the budgets of the constituent entities of the Russian Federation.

Suggested Citation

  • Kristina Alekseyevna Zakharova & Danil Anatolyevich Muravyev & Egine Araratovna Karagulian & Natalia Alekseyevna Baburina & Ekaterina Vladimirovna Degtyaryova, 2024. "Assessment of Factors Affecting Tax Revenues: The Case of the Simplified Taxation System in the Russian Federation," JRFM, MDPI, vol. 17(12), pages 1-15, December.
  • Handle: RePEc:gam:jjrfmx:v:17:y:2024:i:12:p:562-:d:1544983
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1911-8074/17/12/562/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1911-8074/17/12/562/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Asiashu Given Mmbulaheni & Zvikomborero Nyamazunzu & Mbulaheni Albert Dagume, 2024. "Determinants of tax revenue performance in South Africa for the period 1990-2018," International Journal of Applied Economics, Finance and Accounting, Online Academic Press, vol. 19(1), pages 82-96.
    2. Ali Mustafa AL-Qudah, 2021. "The Determinants of Tax Revenues: Empirical Evidence From Jordan," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(3), pages 43-54, May.
    3. Mishustin, Michael V. (Мишустин, Михаил), 2016. "Factors of Growth of Tax Revenues: A Macroeconomic Approach [Факторы Роста Налоговых Доходов: Макроэкономический Подход]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 8-27, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. M. Yu. Malkina & R. V. Balakin, 2020. "Decomposition of Tax Revenue Growth in Russian Regions," Regional Research of Russia, Springer, vol. 10(2), pages 117-126, April.
    2. Ludmila Koroleva P. & Л. Королева П., 2017. "Налоговое стимулирование неоиндустриализации: опыт Великобритании и его актуальность для России // Neo-Industrialization Tax Incentives: the UK Experience and its Relevance for Russia," Экономика. Налоги. Право // Economics, taxes & law, ФГОБУ "Финансовый университет при Правительстве Российской Федерации" // Financial University under The Government of Russian Federation, vol. 10(2), pages 65-72.
    3. Andrey L. Anisimov, 2018. "Economic Model of Tax Authorities’ Costs Optimisation and Tax Revenue Receipt," Journal of New Economy, Ural State University of Economics, vol. 19(5), pages 59-71, October.
    4. Marina Malkina & Rodion Balakin, 2020. "Risks of Regional Tax Systems and Their Portfolio Decomposition: The Case of Modern Russia," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 68(6), pages 995-1009.
    5. Evgeny V. Balatsky & Natalia A. Ekimova, 2019. "Evaluating scenarios of a personal income tax reform in Russia," Journal of Tax Reform, Graduate School of Economics and Management, Ural Federal University, vol. 5(1), pages 6-22.
    6. Andrzej Karpowicz & Zbigniew Korzeb & Paweł Niedziółka, 2022. "Macroeconomic and sectoral specific determinants of bank levies’ inflows in European Union," Bank i Kredyt, Narodowy Bank Polski, vol. 53(2), pages 183-202.
    7. Evgeny V. Balatsky & Natalya A. Ekimova, 2019. "The Impact of Tax Reforms on the Behaviour of Economic Agents (Indirect Taxation in Russia and the USA)," Journal of Tax Reform, Graduate School of Economics and Management, Ural Federal University, vol. 5(2), pages 129-147.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jjrfmx:v:17:y:2024:i:12:p:562-:d:1544983. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.