Conceptual Questions of Tax Potential
The size and growth of the tax potential of the subjects of the Russian Federation are considered rightfully to be the most important conditions for the dynamic development of the Russian public sector. Ensuring the consistent development of the tax potential of the regions will contribute to the growth of their financial independence and increase the level of socio-economic development. The possibility of practical application consists in the introduction of recommendations for determining the tax potential of the region in the formation and improvement of tax policy. The article considers the disclosure of the content of the term "tax potential" and approaches to the definition of the term "tax potential" given by various authors. Also, the the author of the article analyzed the methods for assessing tax potential and offered recommendations for changing budget and tax legislation.