Tax incentives for investment activity in Russia: problems and prospects of development

Russian Federation is tax incentives for investment activities of organizations. The promotion of investment development is of particular importance for ensuring the level of competitiveness and socio-economic development of the state. The set and implemented tasks of the state in terms of economic development, as well as the established practice of taxation, have shown the need to apply tax incentive methods and tax regulation tools in order to ensure investment activity. As a result, a significant number of tax benefits and preferences have been introduced into the tax legislation. The following directly depend on investment activity: modernization of the production and technological base of the branches of the real sector of the economy, the creation of modern promising high-tech sectors of the economy, as well as ensuring a sufficient level of technological independence of the national economy. Increasing the competitiveness of the products of enterprises in the real sector of the economy is a key aspect in the context of globalization and the deepening of the international division of labor. It is important to implement significant structural changes in technological and organizational aspects at the international and national levels for the stable development of the global economy as a whole after the crisis, which is implemented through tax incentives for investment activities in Russia.