Reforming the pension system for professional income tax payers: regional platform

The difficulties that arose after the entry into force of the Federal Law “On conducting an experiment to establish a special tax regime “Tax on professional income”” dated November 27, 2018 No. 422-FZ require a comprehensive study and modification of the legislative framework. Many citizens who pay tax on professional income do not make contributions to the pension insurance system, which is one of the reasons for the high subsidy dependence of the Social Fund of Russia on the federal budget. According to the authors, it is necessary to develop a way to attract citizens to participate in the pension insurance program. The article considers an example of a possible solution to this issue: the introduction of tax deduction for taxpayers of tax on professional income in part of the tax paid, and assesses its impact on the regional budgets of the constituent entities of the Russian Federation.