TAX POLICY AS A KEY ELEMENT IN REGULATING THE SOCIOECONOMIC DEVELOPMENT OF A REGION

Abstract

The current state of the national economy is reflected in the specifics of the formation and development of regional economies in the Russian Federation. The regions of Russia are highly differentiated by their resource base, industry specialization, and financial security. The lack of the balanced development of the regions expands the horizons of state intervention in economic relations through the mechanisms of tax policy, which is a supporting element of the institution of state regulation. The objective of the work is to study the state of the regional economy based on the example of one of the subjects of the Russian Federation through its tax policy implementation. The conclusions and proposals on the problem under study are formulated in the form of the principles of regional tax policy, the implementation of which, in the authors' opinion, will allow building in the region a differentiated in structure and content mechanism of tax regulation, focused on the expansion of tax potential.