Estimation of the tax benefits efficiency by PPP projects in the system of financial management of the Russian regions

The article considers topical issues of financial management in assessing the effectiveness of tax incentives provided by the PPP projects. Analyzes the regional experience of application of tax benefits under the PPP agreements. The conclusion is made about the lack of sophistication and certainty to tax legislation at the Federal level regarding the taxation of PPP projects and assessing the effectiveness of tax incentives. The proposed approach for the analysis of efficiency of regional tax exemptions and other tax incentives from the point of view of tax expenditures.