The role of mineral extraction tax in the economy of Russia

Abstract

The article presents the results of an investigation of the influence of the Mineral extraction tax on the formation of a profitable part of the federal and local budgets. The authors consider the dynamics of tax revenues and determine that about 50% of federal budget revenues depend on a single tax. It is concluded that this situation is negative in terms of financial and economic security of the state. Two approaches to the diversification of tax revenues to the budget are evaluated: a change in the structure of taxes and fees and a change in the structure of the Russian economy.