Transformation of tax incentives for investments in human capital

Transformation of tax incentives for investments in human capital

Автор: Tikhonova A.V.

Журнал: Economic and Social Changes: Facts, Trends, Forecast @volnc-esc-en

Рубрика: Public finance

Статья в выпуске: 4 т.17, 2024 года.

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The study analyzes the experience of tax support for investing in human capital in the Russian Federation, and also evaluates the effects of such support. We systematize tools for tax incentives aimed at the development of human capital by subject (organization and individual), type of taxes, and level at which they are introduced (federal, regional, local). We determine the amount of tax benefits aimed at investments in human capital per taxpayer and assess fiscal significance of the shortfall in budget revenues of Russia’s budgetary system. We put forward directions to develop the system of tax support for investments in human capital in two aspects: classical and comprehensive. The classical aspect assumes parallel tax regulation of the parties to the investment process in human capital (individuals, organizations, infrastructure entities). The complex aspect assumes simultaneous tax regulation of the parties to the investment process in human capital through the system of state support for E-STEM education. The options for making up for the shortfall in budget revenues in connection with the expansion of the package of tax incentives are proposed. Such options, in particular, include: progressive taxation of personal income using indexed graduated scales, legalization of shadow income from renting real estate to individuals through tax deductions, establishment of joint and several liability in social insurance of employees and employers. Practical significance of the work consists in the possibility of using specific proposals to amend the legislation of the Russian Federation in the field of tax incentives for human capital by public authorities in the development of public policy measures aimed at economic growth.

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Tax benefits, non-profit organizations, shortfall in income, human resources, investments, federal benefits, regional taxes, tax support

Короткий адрес: https://sciup.org/147245865

IDR: 147245865   |   DOI: 10.15838/esc.2024.4.94.11

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