Implementation Assessment of Government Support Measures for Small and Medium- Sized Entities in the Russian Federation (tax aspect)

DOI

10.2991/iscfec-18.2019.295How to use a DOI?

Keywords

small and medium-sized entities; state policy; government support; taxation; special tax regimes.

Abstract

The issue of government support for small and medium- sized entities is not new, however it does not lose its urgency and importance as small business is an integral part of modern economy. Its role as an institutional economic unit is growing year by year due to the triviality and availability of setting up a business, the possibility of rapid self-fulfillment of citizens, which contributes to the creation of new work places and unemployment reduction, the development of innovation technologies and social entrepreneurship, taxation revenue increase. The development rate of small and medium-sized entities was modest over the last years, which was expressed in the growth of the number of enterprises, their financial turnover, the average number of employees. This is connected with certain policy of government support. These days the development of small and medium- sized business entities has obtained the strategic and multi-directional character. In this context, capital leverages hold a special place in the complex of measures of government support, which include taxation. Tax mechanisms are highly important for small and medium- sized entities as the high tax burden does not give them the opportunity to form necessary reserves of current assets, diverting a significant part of financial resources for tax liabilities implementation and specific conditions of participation in tax relationships provide realization of indirect financing which provokes the growth in the informal economy.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - N. V. Gorshkova
AU  - V. M. Ksenda
AU  - A. A. Turgayeva
PY  - 2019/01
DA  - 2019/01
TI  - Implementation Assessment of Government Support Measures for Small and Medium- Sized Entities in the Russian Federation (tax aspect)
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 1301
EP  - 1305
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.295
DO  - 10.2991/iscfec-18.2019.295
ID  - Gorshkova2019/01
ER  -