Tax instruments when supporting innovative development of economy in the regions of Russia

The article presents a comprehensive approach to assessing the possibilities of tax incentives for innovative economic development in the Republic of Buryatia. The theoretical foundations of the development of innovations in Russia, as well as the legislative regulation of innovation support, are analyzed. The author gives the examples of industries that can be developed in the region taking into account the environmentally friendly concept of development due to natural conditions and the existing industrial potential in the region. The practice of state support for innovation in the form of tax incentives is investigated and some reasons for the low popularity of innovation in Russian regions are formulated.