Tax Competition in the Regions of the North Caucasus Federal District: Targets and Tools for Implementation

Abstract

The article examines the theoretical aspects of the manifestation of tax competition at the regional level, and specifics of its practical implementation by the example of subjects of the North Caucasus Federal District. The conclusions are made on the transformation of targets of tax competition and the mechanisms of its implementation in the conditions of hyper-concentration of tax powers at the federal level. This is related to the practice of fixing the low efficiency of the tax administration in the region, while compensating the ‘drop out’ of income through financial aid from the federal budget.

DOI: 10.5901/mjss.2015.v6n6s7p71