Thus, the reduction of VAT can really give the effect of loss of income, perhaps not so dramatic as the Finance Ministry draws. However, this problem can be solved. To compensate for this effect could be increase the severance tax, but right now the Ministry of Finance makes the opposite step – it reduces it – because of the fact that the "oil industry" has a problem with the investment. MetLife has similar goals. In addition, the Finance Ministry wanted to raise the severance tax on gas, but he did not succeed. However, the same effect could provide a reduction in VAT, which would also reduce the tax burden on the oil sector. In such a scenario would require some increase in severance tax needed to reduce the tax burden from the primary sector at the level of resources needed for investment. Another way to compensate for loss of income – the introduction of a progressive scale of taxation, which he said Sergei Stepashin. In addition, it was possible to impose taxes on luxury real estate taxes and sales tax.
However, the amount of such taxes shall be acceptable, ie, be no more than a few percent. There is another tool that is not used, to avoid that virtually impossible. This is a small turnover tax (tenths of%) with each transaction (payment). And its use can be quite effective. To the greatest collection of taxes should be reasonable diversification of the tax policy: the broader the base, the more types of taxes (within reason), the more fees. Another problem is the subsidiary companies and transfer pricing. It would be a more stringent requirements for the preparation of the consolidated financial statements from any holdings Mercantile Exchange lets go of taxes due to transfer flows to the subsidiaries of the so-called transfer (domestic) prices. Not An equally important objective of tax policy – to change the existing depreciation policy that prevents the active replacement of fixed assets, allowing enterprises to use accelerated depreciation.