Volume 11 - Volume 11
Essential Characteristics and Factors of Development of Territorial Tax Potential
Abstract
This paper aims to analyse the theoretical and methodological foundations of the development of tax
potential at the subfederal level. Systems approach, grouping and comparative methods were used
among other general scientific methods. A comparative analysis was conducted to weigh the views of
Russian scholars concerning the essential characteristics of territorial tax potential and groupings of
its driving factors. Consequently, it was established that objective factors make the basis of territorial
tax potential development, while subjective factors facilitate the advancement and realisation of
territorial tax potential. The conclusion is drawn that territorial tax potential is an integral measure
of the territory's economic progress and an instrument to stimulate transformational processes across
industries of the regional economy.
Paper Details
PaperID: 2125
Author's Name: Ruslan Vakhaevich Batashev, Nataliya Vladimirovna Vysotskaya and Vladimir Dmitriyevich Sekerin
Volume: Volume 11
Issues: Volume 11
Keywords: Inter-Budget Relations, Subsidies, Subsidised Status, Tax Potential, Essence, Region, Factors, Development, Grouping, Mechanism of Realisation.
Year: 2021
Month: June
Pages: 513-524