Stimulating entrepreneurial activity in the conditions of pandemic reality: tax tools
Abstract. The relevance of the study is due to the need to develop effective tax tools to stimulate entrepreneurial activity of business structures to overcome the negative impact of the pandemic on the national economy. The purpose of the study is to identify features of the impact of the COVID-19 pandemic on the business sector of the Russian economy, as well as to determine implementation directions and content of tax tools to stimulate the entrepreneurial activity in the conditions of the pandemic reality. The scientific novelty of the study consists in analyzing the impact of the pandemic on the sector of small and medium-sized enterprises in Russia, as well as developing effective tax tools for state stimulation of entrepreneurial activity at the stage of post-crisis economic recovery. The authors identified key problems of business entities during the pandemic: fulfillment of debt obligations on bank loans, payment of rent of retail, warehouse and office premises, payment of utility bills; the problem of paying salaries to employees and insurance premiums. The article investigates some tax measures of the state support for small and medium-sized businesses in the active stage of the pandemic and during the economic recovery from the pandemic. The conclusion is made about the reduction of the complex of tax measures to support entrepreneurship in Russia at the stage of the post-crisis recovery. To further stimulate entrepreneurial activity as a condition for a rapid post-crisis recovery of the country`s economy, the authors identified areas for adapting effective foreign tax practices to Russian business conditions.
Keywords: entrepreneurial activity, pandemic, taxes, tax tools, tax holidays, public policy, incentives, post-crisis recovery
Highlights:
♦ the features of the impact of the COVID-19 pandemic on the activities of business entities are revealed, the problems of entrepreneurial activity that developed during the pandemic are systematized;
♦ the analysis of the implemented tax measures to support entrepreneurial activity in Russia is carried out, the necessity of their prolongation and improvement during the recovery of the economy from the pandemic is substantiated;
♦ the analysis of tax measures implemented in developed countries to support business activities during the pandemic allowed the authors to determine the tax tools of the Russian state policy to stimulate the entrepreneurial activity in the post-pandemic recovery.
Nadezhda V. Pilipchuk - Tver State University, Tver, Russia, Tatiana G. Sobolevskaya - Moscow State University of Food Production, Moscow, Russia, Elena V. Fedotova - Kaluga branch of the Russian State Agrarian University - Moscow Agricultural Academy named after K. A. Timiryazev, Kaluga, Russia, Ulyana Yu. Roshchektaeva - Kuban State Technological University, Krasnodar, Russia