Tax Incentives for Innovative Small Business: The Russian Model

2017 ◽  
pp. 35-42
Author(s):  
Anastasiia Grinkevich ◽  
Larisa Grinkevich ◽  
Olga Belomyttseva
Keyword(s):  
Small Business ◽  
Tax Incentives ◽  
Russian Model

DEVELOPMENT OF SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP DURING A PANDEMIC

2021 ◽  
Vol 4 (4) ◽  
pp. 4-11
Author(s):  
Dilobar Islamova ◽  
◽  
Shukurillo Yoqubov ◽  
Xolidbek Abduvohidov
Keyword(s):  
Small Business ◽  
Tax Incentives ◽  
Business Environment ◽  
Private Entrepreneurship ◽  
Development Analysis

This article examines the importance of small business and private entrepreneurship during the pandemic, the tasks performed, and the prospects for development. Analysis of investments, loans, tax incentives and achievements in the field of small business and private entrepreneurship, improving the business environment, creating opportunities for small business and private entrepreneurship

Tax Incentives and Small Business Mutual Aid Partiticipation

2021 ◽  
Vol 23 (6) ◽  
pp. 2919-2931
Author(s):  
Seokjin Woo ◽  
Byung-hill Jun
Keyword(s):  
Small Business ◽  
Tax Incentives ◽  
Mutual Aid

Mixed Blessing of Being Designated a Small Business: A Four Country Comparison

2007 ◽  
Vol 5 (1) ◽  
pp. 16-34 ◽  
Author(s):  
Sheila Killian ◽  
Stewart S. Karlinsky ◽  
Garry Payne ◽  
Jackie Arendse
Keyword(s):  
Small Business ◽  
Best Practices ◽  
Economies Of Scale ◽  
Tax Compliance ◽  
Tax Incentives ◽  
Economic Benefits ◽  
Business Community ◽  
Playing Field ◽  
Country Comparison ◽  
Mixed Blessing

This article will focus on how four countries' income tax laws define a small business and how the taxing authorities and legislators attempt to prevent small business definitions from being exploited by potentially unintended users or for unintended purposes. We will use the experiences from four diverse countries (Australia, Ireland, South Africa, and the U.S.), which take their roots from the same legal system (England) to see if there are best practices that can be adapted for these and other countries as well. A fundamental question that arises when discussing tax incentives and disincentives for small business is why carve out special provisions for this segment of the business community? The answer, as discussed below, is two fold: one, the economic benefits that small business yields the economy is material and significant; two, economies of scale as to both regulatory (including tax) compliance costs as well as costs of goods and materials warrant incentives to level the playing field with large businesses.

Institutional environment for the development of small business in the Mari El Republic: A tax aspect

2020 ◽  
Vol 18 (3) ◽  
pp. 525-545
Author(s):  
R.K. Shakirova
Keyword(s):  
Small Business ◽  
Tax Policy ◽  
Institutional Environment ◽  
Tax Incentives ◽  
Business Development ◽  
Small Enterprises ◽  
Small Business Development ◽  
Comparison Time ◽  
Development Methods ◽  
Series Study

Subject. Small business plays an important role in solving social and economic problems. Tax system is one of the most important institutions that have an impact on the activity of small enterprises. Objectives. The purpose of the study is to formulate the priorities of tax policy in the Mari El Republic on the basis of assessing the level of small business development. Methods. For the study, I used structural and analytical grouping, comparison, time series study as well as the abstract-logical techniques. Results. The article assesses the implementation of the main target indicators of small business development in the Mari El Republic. The research is of a scientific and applied nature. Its results can be used to formulate a regional tax policy in the field of small and medium-sized business in Mari El Republic. Conclusions. The provided opportunities in the field of tax regulation as well as the practicality of increasing regional competencies in the field of tax incentives for small business should be more used in the Mari El Republic.

Gains on Sales of Qualified Small Business Stock

2003 ◽  
Vol 1 (1) ◽  
pp. 21-40
Author(s):  
Cheryl T. Metrejean ◽  
Dan R. Ward ◽  
Eddie Metrejean ◽  
Suzanne P. Ward
Keyword(s):  
Small Business ◽  
Tax Incentives ◽  
Tax Law ◽  
Preferential Treatment

Tax law allows preferential treatment for certain types of transactions. Investment in qualified small business stock (QSBS) is one area where several provisions exist to encourage this type of investment. This paper examines two provisions that apply to sales of QSBS that result in gains. One provision, I.R.C. §1202, provides for an exclusion of up to 50 percent of the gain on the sale. The second, I.R.C. §1045, provides for a deferral of gain on the sale of QSBS if the proceeds are reinvested in other QSBS. While valuable tax incentives are associated with the use of either of these provisions, the question arises as to whether both of these provisions can be used together with regard to the same sale of qualifying stock, and if so, in what order. The provisions are illustrated separately and followed by a discussion and illustration of the provisions in combination.

scholarly journals ПОДАТКОВІ ІНСТРУМЕНТИ ФІНАНСОВОГО ПІДТРИМКИ МАЛОГО БІЗНЕСУ В РОСІЇ

2021 ◽  
pp. 46-51
Author(s):  
Марина Михайлівна Богданова
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Financial Support ◽  
Tax Incentives ◽  
The State ◽  
Tax Burden ◽  
Tax Regimes ◽  
Business Entities ◽  
Tax Holidays ◽  
Tax Payments

This article is devoted to the study of the topic of tax levers for regulating the activities of small businesses in Russia. Tax aspects of business are included in the scope of financial support from the state for legal entities and individual entrepreneurs. The aim of the study is to analyze the tax instruments through which the state provides financial support to small businesses. The subject of the research is the measures of state financial support for small businesses in terms of taxation. In the course of the research, such methods were applied as: comparative, statistical, descriptive, analysis and synthesis. Research hypothesis. Identification of the optimal tax instruments for financial support of small business will allow the subjects of this sphere of the economy to function effectively without causing a conflict of interest between entrepreneurship and the state in paying taxes to the budget. Presentation of the main material. Small business entities in the Russian Federation have the right to state support in the form of financial, property, information, and consulting assistance. Financial assistance, as the most significant, consists in the provision of government subsidies, preferential types of loans, tax holidays, special tax regimes, simplified accounting procedures, etc. Tax instruments of financial support are of key importance for business entities, as they allow regulating the tax burden depending on the types of activities, the scale of the organization, the amount of income and many other factors. For Russian business entities, there are 5 taxation regimes, of which one is general and four special (preferential), tax holidays for small businesses and tax incentives for types of taxes. Originality and practical significance of the research. A comparative analysis of special tax regimes showed that the profitability of a particular tax regime is determined by the goals of the business, the scale and scope of activity. Conclusions and prospects for further use. The use of special tax regimes helps to optimize tax payments, and tax incentives reduce the tax burden of business entities. However, in the current conditions of the spread of the pandemic, increased attention from the state to small businesses is required in order to regulate the possible loss of profitability due to the introduction of restrictive measures, and, as a result, a decrease in the population's ability to pay, which, in turn, will negatively affect the replenishment of the country's budget with tax payments.

scholarly journals Análisis de la aplicación de los incentivos tributarios para las pequeñas empresas del sector de alimentos del cantón Quito / Analysis of application of tax incentives for small businesses of the food industry in Quito City, Ecuador

Ciencia Unemi ◽  
2016 ◽  
Vol 9 (19) ◽  
pp. 11
Author(s):  
Sandra Patricia Galarza Torres ◽  
Lorenzo Armijo Robles ◽  
Juanita Garcia Aguilar ◽  
Ximena Acosta
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Food Industry ◽  
Tax Incentives ◽  
Business Owners ◽  
Point Of View ◽  
Small Business Owners ◽  
Business Sector ◽  
The Government ◽  
Trade And Investment

El presente estudio tiene por objeto analizar los resultados que han generado los incentivos tributarios establecidos en el Código de la Producción, Comercio e Inversión (COPCI) publicado en el registro oficial No. 351 del 29 de diciembre de 2010, en las pequeñas empresas del sector de alimentos del Cantón Quito, Ecuador. Para su desarrollo se utilizó la información financiera del período 2010-2012, investigación documental basada en fuentes bibliográficas, aplicación de encuestas a gerentes y propietarios de pequeñas empresas del sector de alimentos y entrevistas a funcionarios públicos. Los resultados mostraron que los incentivos establecidos en el COPCI pueden resultar atractivos desde el punto de vista económico y tributario para el gobierno, sin embargo, para las pequeñas empresas del sector de alimentos del cantón Quito, estos no han generado mayor beneficio en temas de empleo, producción, inversión y recaudación tributaria. Abstract The present study aims to analyze the results that have generated tax incentives established in the Code of Production, Trade and Investment (COPCI) published in the Official Register No. 351 of December 29, 2010, in the small business sector of food of Quito Canton, Ecuador. For the development of this research, the 2010-2012 period of financial information, documental research based on literature sources, application surveys to managers and small business owners, and interviews with industry officials were used. The results showed that the incentives established in the COPCI may be attractive from the point of view of the government about economics and taxes; however, for small businesses of the food industry Quito city, they have not generated the greatest benefits on employment issues, production, investment and tax collection.

PROSPECTS OFSMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP DEVELOPMENT

2020 ◽  
Vol 9 (3) ◽  
pp. 15-22
Author(s):  
Dilobar Islamova ◽  
Keyword(s):  
Small Business ◽  
Tax Incentives ◽  
Business Environment ◽  
Entrepreneurship Development ◽  
The Creation ◽  
Private Entrepreneurship

Nowadays, the importance of small business and private entrepreneurship, the tasks performed and the prospects of development were studied in this article. Investments, loans and tax incentives were directed to perform the activity of small business and private entrepreneurship and after analyzing the achievements, the feedbacks about the improvement of the business environment and the creation of opportunities for small business and private entrepreneurship were stated

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