Reforming the taxation of income on bank deposits of individuals in modern Russia

The analysis and systematization of legislative regulation of taxation of income on deposits of citizens in different countries is carried out. The publications of domestic and foreign authors on various aspects of individual income taxation of deposits and their impact on the growth of tax revenues and savings of the population have been studied. To ensure an increase in tax revenues to the budget system and increase fairness in taxation of personal income on bank deposits in the Russian Federation, innovations have been proposed to change the approach to the formation of the tax base for them and to introduce a progressive scale of personal income tax rates on these revenues. The systems of the Russian Federation in the long term and are designed to create the basis for further economic development.