Income tax as a way of economic security and sustainable of regional development

Authors
  • Koren A.V.

    Vladivostok State University of Economics and Service
    Vladivostok. Russia

  • Ponomarenko A.N.

    Vladivostok State University of Economics and Service
    Vladivostok. Russia

Abstract

The article examines the role of the tax on personal income tax revenues to provide regional budgets of the Russian Federation. Based on the analysis of data on the flow of tax on personal income in the budget of the Primorsky Region concludes that at the present time personal income tax is the major source of income for both the regional and the consolidated budget for the region. The main ways to increase collection and improve social orientation of the personal income tax related to sustainable development of the regional economy.

Keywords: tax on personal income, finance, monetary circulation and credit, the economy, government spending, taxes, personal income tax.