IDEAS home Printed from https://ideas.repec.org/a/nea/journl/y2016i29p186-192.html
   My bibliography  Save this article

Tax Policy of Russia under the Crisis Conditions

Author

Listed:
  • Lykova, L.

    (Institute of Economics, Russian Academy of Sciences, Moscow, Russia
    Financial University under the Government of the Russian Federation, Moscow, Russia)

Abstract

The use of fiscal instruments in the process of anti-crisis regulation means a choice between increasing the level of taxation to ensure budget revenues and its decrease to support the economic activity of businesses. Using the implicit tax rates (ITR) it is shown that since 2009 the levels of taxation of income from capital and consumption were steadily declined as a result of tax measures. The level of small business taxation shrank only because of the inflationary decrease the value of the tax payments. The tax maneuver measures under the falling oil prices led to some growth of the profit tax receipts that does not compensate the total losses of the budget system.

Suggested Citation

  • Lykova, L., 2016. "Tax Policy of Russia under the Crisis Conditions," Journal of the New Economic Association, New Economic Association, vol. 29(1), pages 186-192.
    • Handle: RePEc:nea:journl:y:2016:i:29:p:186-192
    as

    Download full text from publisher

    File URL: http://www.econorus.org/repec/journl/2016-29-186-192r.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. European Commission, 2014. "Tax reforms in EU Member States - 2014 Report," Taxation Papers 48, Directorate General Taxation and Customs Union, European Commission.
    2. Mendoza, Enrique G. & Razin, Assaf & Tesar, Linda L., 1994. "Effective tax rates in macroeconomics: Cross-country estimates of tax rates on factor incomes and consumption," Journal of Monetary Economics, Elsevier, vol. 34(3), pages 297-323, December.
    3. Merrill, Peter R., 2010. "Corporate Tax Policy for the 21st Century," National Tax Journal, National Tax Association;National Tax Journal, vol. 63(4), pages 623-633, December.
    4. David Carey & Harry Tchilinguirian, 2000. "Average Effective Tax Rates on Capital, Labour and Consumption," OECD Economics Department Working Papers 258, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. M. Yu. Golovnin, 2022. "Institute of Economics, Russian Academy of Sciences: Its Leadership Mission in Fundamental Economic Science," Studies on Russian Economic Development, Springer, vol. 33(5), pages 513-518, October.

    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. D’Erasmo, P. & Mendoza, E.G. & Zhang, J., 2016. "What is a Sustainable Public Debt?," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2493-2597, Elsevier.
    2. Susanto Basu & Luigi Pascali & Fabio Schiantarelli & Luis Serven, 2022. "Productivity and the Welfare of Nations," Journal of the European Economic Association, European Economic Association, vol. 20(4), pages 1647-1682.
    3. Mateos-Planas, Xavier, 2009. "Demographics and the politics of capital taxation in a life-cycle economy," Discussion Paper Series In Economics And Econometrics 0909, Economics Division, School of Social Sciences, University of Southampton.
    4. Çiçek, Deniz & Elgin, Ceyhun, 2011. "Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968–2004," Economic Modelling, Elsevier, vol. 28(6), pages 2691-2700.
    5. Holger Strulik, 2003. "Supply‐Side Economics of Germany's Year 2000 Tax Reform: A Quantitative Assessment," German Economic Review, Verein für Socialpolitik, vol. 4(2), pages 183-202, May.
    6. Andreas Haufler & Sven Stöwhase, 2003. "Taxes as a Determinant for Foreign Direct Investment in Europe," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(2), pages 45-51, 02.
    7. Jinill Kim & Sunghyun Kim, 2017. "How much to share: Welfare effects of fiscal transfers," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 636-659, August.
    8. Susanto Basu & Luigi Pascali & Fabio Schiantarelli & Luis Serven, 2012. "Productivity and the Welfare of Nations," Working Papers 621, Barcelona Graduate School of Economics.
    9. Gerd, Rico A. Gutekunst & Und Lothar Hermann & Lammersen, 2003. "Deutschland ist kein Niedrigsteuerland – eine Replik auf den Beitrag von Hettich und Schmidt*und ein Beitrag zur (Er‐)Klärung der Methoden zur Messung der Unternehmenssteuerbelastung," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 4(1), pages 123-136, February.
    10. Aleksandar Vasilev, 2013. "On the cost of rent-seeking by government bureaucrats in a Real-Business-Cycle framework," Working Papers 2013_20, Business School - Economics, University of Glasgow.
    11. W. Steven Clark, 2003. "Using Micro-Data to Assess Average Tax Rates," CESifo Working Paper Series 966, CESifo.
    12. Norman Gemmell & Richard Kneller & Ismael Sanz, 2014. "The growth effects of tax rates in the OECD," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 47(4), pages 1217-1255, November.
    13. José Ramón García, 2004. "Desempleo Y Estructura Impositiva En El Mercado De Trabajo De La Ocde," Working Papers. Serie EC 2004-21, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    14. Vasilev, Aleksandar, 2013. "Essays on Real Business Cycle Modeling and the Public Sector," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 130522, March.
    15. Fernando M. M. Ruiz, 2006. "Convergence de l'impôt sur les sociétés dans l'Union E uropéenne," Economie & Prévision, La Documentation Française, vol. 0(2), pages 79-96.
    16. Kai Liu, 2014. "Public Finances, Business Cycles and Structural Fiscal Balances," Cambridge Working Papers in Economics 1411, Faculty of Economics, University of Cambridge.
    17. Paloma Péligry & Xavier Ragot, 2022. "Evolution of fiscal systems: Convergence or divergence?," SciencePo Working papers Main hal-03554224, HAL.
    18. Kiander, Jaakko & Kilponen, Juha & Vilmunen, Jouko, 2004. "Labor taxation, public finance, and wage determination: evidence from OECD countries," European Journal of Political Economy, Elsevier, vol. 20(4), pages 983-999, November.
    19. Ladislav Hájek, 2003. "Daňové zatížení v zemích OECD a v České republice [Tax burden in OECD countries and in the Czech Republic]," Politická ekonomie, Prague University of Economics and Business, vol. 2003(5), pages 714-725.
    20. Liudmila N. Lykova, 2015. "Tax burden in the Russian Federation: a comparative analysis point of view," Journal of Tax Reform, Graduate School of Economics and Management, Ural Federal University, vol. 1(1), pages 76-89.

    More about this item

    Keywords

    tax policy; implicit tax rates; tax maneuver; taxation of consumption; small business taxation;
    All these keywords.

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • H27 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other Sources of Revenue
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

    Statistics

    Access and download statistics

    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:nea:journl:y:2016:i:29:p:186-192. 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: Alexey Tcharykov (email available below). General contact details of provider: https://edirc.repec.org/data/nearuea.html .

    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.