Influence of change of the rate of the tax on the profit of the organizations to Russian Federation budget income

• Vodopyanova V.A.

  Vladivostok State University of Economics and Service
  Vladivostok. Russia

• Samsonova I.A.

  Vladivostok State University of Economics and Service
  Vladivostok. Russia

The article is devoted to the analysis of changes in the Tax Code of the Russian Federation concerning the corporate income tax. It examines the main adjustments to Chapter 25 of the Tax Code of the Russian Federation in 2017. The main attention is paid to the redistribution of the corporate income tax rate between the budgets of the Russian Federation. The corporate profit tax is one of the most important taxes that play a fiscal and regulatory role. The subject of the study are income tax on organizations’ profits to the budgets of Primorsky region and Khabarovsk region, as well as to the federal budget of the Russian Federation. The purpose of this work is to identify the significance of changes in the corporate income tax rate for the respective budgets.

The change in the distribution of the corporate income tax rate has a significant impact on tax revenues to the federal and regional budgets of the Russian Federation. Based on the current rate, a forecast is made of the income tax receipts of organizations to the federal budget and to the budgets of Primorsky region and the Khabarovsk Territory. The article analyzes the absolute and relative indicators of revenues to the federal budget of the Russian Federation and the budgets of Primorsky region and the Khabarovsk region over the past three years.

An example of the use of the chosen tools in the analysis based on the statistical data of the income of the corporate profit tax to the regional budgets, as well as to the federal budget of the Russian Federation, allowed calculating the forecasted values of this tax in 2016. The main problems and prospects of innovations are revealed. The result of the work is a comparative analysis of the forecasted values of the corporate profit tax in 2016 with the planned values of the tax in 2017.

Keywords: corporate income tax, the tax base, legal entities, the innovation, the Tax Code of the Russian Federation, the tax rate, entrepreneurial activity.