Nikolaeva E.V. SocioEconomic Aspect of Excess Profits Taxation

Abstract: The subject of the research is the concept of 'excess profit'. Growing income inequality creates the need for the government intervention into this economic sector. Within the framework of taxation, social and economic policy for the wealthier class is an efficient instrument for the government to fulfill their tasks. The author of the present article defines the main parameters of taxation of excess profits and analyzes general and specific features of taxation of excess profits. Special attention is paid to the efficiency of excess profits tax as part of the implementation of the progressive scale of income tax as well as solidarity tax from the social and economic points of view. The methodological basis of the research includes researches in the sphere of taxation. In her research Nikolaeva uses general research methods and techniques such as scientific analysis, abstraction, synthesis, comparison, etc. She also analyzes the main prerequisites for the implementation of excess profits tax in the Russian Federation and concludes that there are certain problems in the process of excess profits taxation. Much attention is paid to the efficiency of the implementation of excess profits tax from the social and economic points of view. At the end of the article Nikolaeva makes recommendations on how to improve excess profits taxation in Russia. The results of the research can open up new prospects for further researches. 

Keywords: