PROBLEM OF TAX STIMULATION OF INNOVATION IN THE RUSSIAN FEDERATION

Abstract

The article deals with the problem of tax stimulation of innovation. Within this article, a number of legal acts and documents was considered that defines the terms of “innovation” and “innovative activity” for tax purposes, as in the Tax Code these terms were not disclosed. In addition, the system of tax benefits provided to the subjects of innovation was disclosed. Ways of the tax promotion of innovative activity are also indicated. The contradictions and shortcomings are revealed in the current legislation, particularly tax law that regulates innovation, as well as the procedure of its taxation and tax benefits.