Some aspects of determining the efficiency of tax incentives for innovation
The article considers the need to provide the tax incentives for innovation. The views of various authors on the definition of efficiency are presented. It was determined that during the tax incentives for innovation there are two sides, the state and enterprises which are engaged or will engage in innovative activities. However, the state has two interests, namely the interest of providing innovative activity suffering income losses of budget due to tax benefits and the interest of budget replenishment than to maintain and improve the society needs, especially social. The formula are proposed to calculate the efficiency for the mentioned concerned parties and their interests accordingly. For each of the three mentioned indexes of the tax incentives efficiency it is proposed the positive change direction and the extent of normative values.