TAX POTENTIAL OF SPECIAL TAX REGIMES SMALL BUSINESS IN THE SVERDLOVSK REGION

The level of economic development of the territory is strongly influenced by large business. Because the size of the production potential and the financial condition of the territory depend on it. At the same time, it should be noted that an equally important economic part of the market mechanism is small business. The purpose of the study: to analyze the volume of tax deductions to the budget of the Sverdlovsk region under special tax regimes applied by small businesses in 2014–2018 and to identify the advantages and disadvantages of taxation of SMEs in the region. The subject of the study is the study of the theoretical and practical foundations of special tax regimes for small businesses. The object of the study is the financial relations between the state and small business in terms of taxation. In the article, special tax regimes are considered as an instrument of state regulation of the development of SMEs. Research methods: observation, comparison, analysis, synthesis, generalization. Information base of the study: regulatory and legal base of acts of the Russian Federation reference legal systems “Consultant Plus” and “Guarantor”, reference and statistical materials of the Federal State Statistics Service of the Russian Federation, reference and statistical materials of the Federal State Statistics Service Administration for the Sverdlovsk region and Kurgan region, reference — statistical materials of the Federal Customs Service, reference materials of the Ministry of Investment and Development of the Sverdlovsk Region, reference materials of the Ministry of Economy and Territorial Development of the Sverdlovsk region. According to the results of the research, conclusions are drawn that the existing system of taxation of small businesses in the Sverdlovsk region stimulates its development. The main principle of applying special tax regimes for small businesses should be that taxation should be beneficial to both the state and small businesses. To do this, the legislative power of the Sverdlovsk region approves various tax preferences for small businesses that contribute to its development. The author suggests ways to improve tax incentives for small business development.