Characteristics of interbudgetary relations at the present stage

The article considers the content and nature of the emergence of a system of interbudget-ary relations in the Russian Federation, focuses on determining their role in the process of functioning of the budgetary system. The article provides an overview of the elements of financial assistance to the subjects of the Russian Federation, the principles and functions of the organization of the institution of such relations. Within the framework of this article, such notions as regions-donors and regions-recipients are covered in the framework of implementation of interbudgetary relations. In addition, the imperfection of the mechanism of tax deductions to the federal budget from the budgets of the subjects of the Russian Federation is vividly illustrated. In conclusion, the question is raised about the need to modernize intergovernmental fiscal relations, through a policy of self-sufficiency of tax potential, in order to stimulate equalization of differences between regions.

Keywords

Authors

References