The Effect of Innovative Tax Leverage and the Ability to "Quasi Self-Finansing" Innovation Activities of Enterprises

• Published in: 2018 IEEE International Conference Quality Management, Transport and Information Security, Information Technologies (IT and QM and IS) pp. 185 - 187
• Main Author: Zharov, Vladimir S.
• Format: Conference Proceeding
• Language: English
• Published: IEEE 01.09.2018
• Subjects: "quasi self-financing"; Economics; Finance; industrial enterprises; innovative activity; innovative tax leverage; Periodic structures; Production; Remuneration; Technological innovation
• DOI: 10.1109/ITMQIS.2018.8524992

The purpose of the study is to consider the effect of innovative tax leverage, that is, increase in the growth of basic taxes - value added tax, personal income tax and income tax from each ruble of sales with a one-percent increase in the share of value added in the structure of the value of industrial enterprises. The method of calculation of innovative tax leverage and the formula for calculating the maximum possible effect of its action on individual taxes and contributions to state social funds, as well as the formula for calculating the actual effect on these types of taxes and deductions. The increase in the amount of basic taxes received as a result of the intensification of innovation activities, the state and regions can allow the use of innovation-active enterprises in full or in part to further enhance their innovation activities, subject to the conclusion of appropriate contracts.