Improvement of profit taxation in OECD and Russia
The share of income from corporate income tax in total tax revenues and the share of corporate income tax in the GDP of OECD and RF countries are compared. The main trends of tax innovations in the OECD and Russia in the following areas of profit taxation are analyzed: corporate income tax rates (standard and for small businesses); tax benefits in the field of R & D; depreciation deductions; environmental tax benefits; tax benefits related to small business; transfer of losses for the future; the concept of fighting tax evasion. On the basis of the analysis, proposals are made to improve the legislative regulation in the Russian Federation of corporate income taxation.