Tax incentives as a tool for tax policy implementation

The aim is to study the stimulating function of taxes as a tool for ensuring the growthrate of economic development and solving socio-economic issues. The economicand legal analysis of the current legislation norms in the Russian Federation ontaxes and fees and the order of their application aimed at stimulating investmentactivity, development of enterprises and improving the welfare of the population,the interrelations between various functions of taxes are analyzed. Ways of furtherdevelopment and increase of efficiency of tax stimulation, expansion of its use atthe solution of social and economic issues are offered.