TAX SUPPORT MEASURES IN CONNECTION WITH THE COVID-19 PANDEMIC: THE EXPERIENCE OF RUSSIA

Abstract

This article is devoted to the analysis of experience of the Russian Federation on the tax measures of support of economy in connection with COVID-19 pandemic. The tax measures of support of economy of Russia in the period of COVID-19 pandemic are analyzed. The study conducted a comparative analysis of the country's tax revenues for 10 months of 2019 and 2020. A significant decrease in tax revenues was noted, especially on the mineral extraction tax. The conclusion was made about the advantage of legal doing business for enterprises and receiving "white" wages for individuals — for example, against the background of a decrease in gross domestic product in 2020 compared to 2019, personal income tax revenues increased, which indicates that persons with official incomes turned out to be more protected. It was analysed how the pandemic had COVID-19 affected the country's tax policy, noted changes in the taxation of deposits and income on securities of individuals, changes in taxation in the field of mining and raising excise rates, revision of international agreements on the avoidance of double taxation.