ARTÍCULO
TITULO

Principles of Profit Taxation of Commercial Banks in Russia and Abroad

Elena V. Konvisarova    
Ilona V. Stihiljas    
Andrey V. Koren    
Irina A. Kuzmicheva    
Tatjana E. Danilovskih    

Resumen

Commercial banks, due to their position in the financial system, are a necessary part in ensuring the correct and timely tax payments to the state budget, which certainly affects the economy as a whole. Despite of the periodical changes in legal bank taxation, in regulation and in reforming, the banks are not still the ?locomotive? of the economy. Therefore, the study of foreign practice of taxation and its analysis will allow us not to repeat the mistakes and to use the experience to expedite the process of civilized market reforms in Russia. The article deals with the taxation of profits of commercial Banks in Russia and in developed countries of the world. The comparative analysis of profit taxation practice in Russia, USA, UK, Germany and France is made. The characteristic, applied to financial and credit institutions types of taxes and tax rates, is done. Tax incentives and suggested ways of improvement of taxation in commercial Banks in the Russian Federation and foreign countries are analyzed. The most effective ways of tax impact of the state on banking activities are considered, their detailed characteristics is given. On the basis of the conducted research, the conclusions about the relatively low tax load of banks in the Russian Federation and the high differentiation of tax rates in the United States were made. However, the main ways of tax policy improvement in the banking sector are related to the efficiency of interaction between government and financial-credit organizations.Keywords: taxes, commercial banks, the taxation of banks abroad, tax banking, , tax on banks? income, tax breaksJEL Classifications: H23, G21, C58, F30

 Artículos similares

       
 
Ferhat Sayim     Pág. 47 - 52
Financial systems and companies have become the most important reasons in the weakness of world economic system. The formation and development process of the financial structure also constitute the infrastructure of the world economic system. The path of... ver más

 
Imronudin Imronudin,Javed Ghulam Hussain     Pág. 1407 - 1412
This study examines the preferences of Islamic rural banks clients in choosing Islamic financial contracts to finance their business. Mixed method, combining quantitative and qualitative approaches, was adopted in this study. Quantitative data was gather... ver más

 
Ferhat Sayim     Pág. 93 - 111
Financial systems and companies has become the most important reason in the weakness of world economic system. The formation and development process of the financial structure also constitutes the infrastructure of the world economic system. The path of ... ver más

 
Khaibat Magomedtagirovna Musaeva,Basir Khabibovich Aliev,Elmira Bashirovna Alieva,Murad Musaevich Magomedtagirov,Mazika Musabekovna Imanshapieva     Pág. 105 - 112
The main objective of the study is to analyze problems of implementation of principles of social justice and economic efficiency in the existing mechanism of charging personal income tax (PIT) in the Russian Federation and to identify ways of the fullest... ver más

 
Abdullah Rajeh Ali Alamer,Hussin Bin Salamon,Muhammad Imran Qureshi,Amran Mohammed Rasli     Pág. 190 - 197
There are some academic efforts that have tried to measure corporate social responsibility (CSR) in Islamic banks (IBs) practices. But there is very lack in measuring the CSR of IBs through their operations not through their oriented outcomes. This artic... ver más