Investments in the reproduction of fixed assets of agriculture

Fixed assets are considered to be a part of the property used as means of labor in the production of products or services or for the management of the organization for a period exceeding 12 months. The problem of investing in fixed assets is manifested in the development of investment activities, in the lack and high cost of the necessary sources of investment, in the need for the implementation of economic projects and programs, in the choice and making of effective investment decisions aimed at the reproduction of fixed assets in agriculture in Russia. The increase in the cost of fixed assets will be followed by an increase in payments in the form of the property tax to the budget. The increase in profits will also entail an increase in the amounts charged to businesses as taxes. In this case, there is a direct interest of the state. Thus, the expansion of the opportunities for an investment tax credit for the renewal of fixed assets will allow not only to increase payments to the budget but also to form its own source of investment activity at the enterprise in the form of a depreciation reserve.

2.2. PRACTICAL ASPECTS OF MANAGING ACCOUNTS PAYABLE

В статье дана оценка состава и структуры кредиторской задолженности компании, а также эффективности ее управления. В исследуемой организации работа по управлению кредиторской задолженностью ведется недостаточно эффективно по причине ее высокого значения. Для решения данной проблемы предложено использование таких способов, как реструктуризация кредиторской задолженности, инвестиционный налоговый кредит и оперативное финансовое планирование в форме платежного календаря. Кроме того, для эффективного управления кредиторской задолженностью для достижения отсрочки платежей рекомендовано осуществлять переговоры со своими кредиторами; реализовывать неиспользуемое имущество с целью погашения долга; использовать систему создания резервов по сомнительным долгам; проводить зам The article assesses the composition and structure of the company's accounts payable, as well as the effectiveness of its management. It is concluded that the organization's work on the management of accounts payable is not sufficiently effective due to its high value. To solve this problem, the use of such methods as restructuring accounts payable, investment tax credit and operational financial planning in the form of a payment calendar is proposed. In addition, to effectively manage accounts payable, you can negotiate with your creditors in order to achieve a deferred payment; determine the property that the organization will be able to realize to repay the debt; create reserve systems for bad debts; to replace the debtor in the obligation (transfer of debt).

To the question on the role of instruments of tax incentives for investments within the system of government support of business

The subject of this research is the statistical analysis of the efficiency of tax incentives, budgetary subsidization and lending for the purpose of increasing investment activity in the regional aspect. As well as development of the ways for increasing investments into the real of production of the Russian Federation in the nearest future. Special attention is given to assessment of the impact of tax incentives, subsidies and lending for investment activity. Using the two-factor combinatorial grouping, the author estimates the main effect from application of the methods affecting the growth of investments. The author develops and tests the method of calculating the impact of tax incentives in parallel with subsidies, as well as tax incentives in parallel with credits upon the volume of investments into the main capital. The conducted statistical analysis of application of the paramount tax instruments as the means for enhancing activity demonstrated that there is no universal tool that would allow achieving the desired results. Most effective instrument for stimulating investment activity is lending. This fact, alongside a fairly low effectiveness of tax incentives for investments, allowed substantiating the shift of focus tax incentivization: from amortization vector towards stimulation of lending. The proposed by the author options of lending incentives, as well as usage of investment tax credit, are aimed at ensuring economic growth, primarily in the real economic sector.

Innovative activity and some features of taxation

Innovation activity at an industrial enterprise is a set of conditions affecting the relationship of the interaction of the business structure with other business entities and the state. The environment of innovative activity at the enterprise is variable, heterogeneous, dependent on many positive or negative factors acting on it. The ratio of these factors makes the environment either favorable, i.e. conducive to the implementation of entrepreneurial innovative ideas or adverse (risky) for the normal development of innovation. In the coming years, the structure of sources of financing technological innovation in industry will not change significantly, therefore it is important to create such conditions for organizations so that they can finance innovation in the future. In this significant role belongs to taxes. There are a number of articles in the Tax Code, a slight change of which will create a more favorable climate for innovation. In some cases, it is important for a taxpayer to receive a deferral or installment plan for a tax payment. Investment tax credit also represents a deferred payment; it can be granted to organizations that perform R&D; either technical re-equipment of own production; or carry out innovative or innovative activities, including creating new or improving applied technologies, etc.

THE CONCLUSION OF THE INVESTMENT TAX CREDIT AGREEMENT AS A METHOD OF OBTAINING TAX BENEFITS

The article considers such a method of obtaining tax benefits as the conclusion of an investment tax credit agreement. The author analyzes the agreement of the investment tax credit from the position of tax, civil and budget legislation, examines its legal nature in relation to the tax legislation on tax benefits.

The Effect of State Taxes on the Geographical Location of Top Earners: Evidence from Star Scientists

We quantify how sensitive is migration by star scientists to changes in personal and business tax differentials across states. We uncover large, stable, and precisely estimated effects of personal and corporate taxes on star scientists' migration patterns. The long-run elasticity of mobility relative to taxes is 1.8 for personal income taxes, 1.9 for state corporate income tax, and −1.7 for the investment tax credit. While there are many other factors that drive when innovative individuals and innovative companies decide to locate, there are enough firms and workers on the margin that state taxes matter. (JEL H24, H25, H71, H73, J44, J61, R32)