Realization of the potential of internal reserves of growth of tax revenues of the budget (on the materials of the Republic of Dagestan)

The article is devoted to revealing of internal reserves of growth of revenues to the budget system of Republic of Dagestan by activation of entrepreneurial activity in the region and improvement of regional tax policy. The paper analyzes in detail the structure of the economy of the Republic of Dagestan (RD), shows the tax contribution of sectors of the economy in the formation of budget revenues. According to the results of the study the conclusion is made about the necessity of structural reorganization of the economy, stimulation of development of tax-forming branches of the economy. In the field of taxation, taking into account high taxability of basic industries of the RD, the conclusion about expediency of establishing a reduced tax rate on profit of organizations in a part enlisted to the budget of the subject of the Federation on a long-term basis, for the purpose of creating incentives for the subsequent activation of investment activity in the given branch of economy is argued. In article ways of increase of efficiency of the mechanism of management of tax indebtedness are offered. As a result of the study it is substantiated that for effective management of tax arrears it is necessary to combine process and project approaches, in which the tax authorities must identify and take into account both the causes of debt formation, its objective and subjective factors, and the financial condition of the taxpayer. When deciding on the management of tax arrears it is proposed to calculate not only the tax burden on the organization, but to calculate the total debt burden, which will allow to assess the real solvency of the organization to timely payment of tax payments. The ways to improve the activities of tax administrators to mobilize revenues into the budget system on the basis of enhanced cooperation with law enforcement agencies, registration authorities, local authorities and credit organizations are revealed. The problems of tax planning of revenues to the budget system of the Republic of Dagestan are analyzed and ways to improve the efficiency and accuracy of forecast estimates based on the introduction of modern digital software products and technologies in the planning practice are proposed.