INNOVATIVE PRODUCTS AND NEW OPPORTUNITIES TOP UP LOCAL BUDGETS
In world practice, there are three basic models of realization of tax powers between the budgets of different levels. All of them are reflected in the Russian fiscal system. Feature of the Russian tax revenue distribution mechanism is that firstly, all the models are applied simultaneously the distribution of taxing powers, and secondly, in the budget process there is no single approach to the distribution of tax revenues. One of the means to improve the budget process is the use of new methods of regulation. This article discusses the possibility of replenishment of the local budget, through the use of innovative products and services in one of the core enterprises. The advantages of innovative products for both the plant and the city.