Methodology for Assessing the Effectiveness of Shortfalls in Revenues of the Country's Budget System on the Example of IT Companies: The Effectiveness of the Functioning of “Smart Government”

The dynamically developing tax legislation of the Russian Federation provides for a wide range of tax benefits aimed at achieving the goals of state programs of the Russian Federation or the goals of socio-economic development. Any tax break or relief, reduction of tax rates also affects tax revenues to the state budget system, forming tax expenses—shortfalls in state revenues. “Smart government” should fully evaluate both the effectiveness of the application of tax preferences by business and the loss of the budget, which the state as a whole receives as a result when granting tax breaks. In order to avoid unreasonable budget losses, it is necessary to timely and accurately assess the effectiveness of the tax preferences provided, however, at the moment, not all tax expenditures have been approved by Smart Government for appropriate methods. In this regard, the article proposes to consider a draft methodology for assessing the effectiveness of tax expenditures on new tax incentives provided for by tax law from 2021 for companies operating in the field of information technology. To identify the problems of effective assessment by “Smart Government” of this type of state expenditure. Currently, in Russia, special attention is paid to the digitalization of the economy, the development and application of the latest digital technologies by “Smart Government”, and accordingly it is necessary to increase the competitiveness of the information technology industry, which is a supplier of digital products. The urgency of the problem confirms the need to assess the effectiveness of the provided preferences in order to obtain the multiplier effect of the tax benefit necessary for the Smart Government to use in its functioning.