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Tax Policy under Sanctions

Sergey G. Sinelnikov-Murylev – Rector of the Russian Foreign Trade Academy at the Ministry of Economic Development of the Russian Federation, Doctor of Sciences in Economics, Professor (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. ; This email address is being protected from spambots. You need JavaScript enabled to view it.

Nikolay S. Milogolov – Head of the Laboratory for Tax Policy Research of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Sergey G. Belev – Head of Budget Policy Department of the Gaidar Institute for Economic Policy; Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In the current conditions there is a need to ensure that the domestic tax policy corresponds with the current external conditions. Given that today’s Russian tax system is developed and its main principles are set, it is reasonable to make only minor adjustments to it to support certain industries and sectors of the economy. Development of Russian tax system shall be based on principles of “good” tax system. Despite of technological possibilities such principles as neutrality (no distortion of competition), certainty and simplicity of law and fiscal efficiency (minimization of administration and compliance costs) shall be considered.

Key words: tax system, corporate income tax, value added tax, consolidated group of taxpayers, investment tax agreements, fiscal devaluation.

JEL-codes: E62, H21.