Institutional and Procedural Problems of Application of Value Added Tax Benefits Established by Article 149 of the Tax Code of the Russian Federation

This paper is devoted to the study of such a tax and legal category as the exemption of operations from taxation by value added tax. At present, catastrophic gaps in the scientific and legal knowledge about the institution of exemptions denote themselves, which leads to: adverse consequences for the property sphere of the parties to the tax legal relationship; the inability to properly carry out the teaching of this institution, and students to form the necessary complete understanding of the mechanisms of preferential taxation, which ultimately hampers the development of a national tax culture. In this work, the author takes the first confident step in the national science of financial law on the path to defining the economic and legal nature of the exemption institution, determines the place of this institution in tax law systematics, explores certain features of the legal regulation of exemptions at the present stage of development of Russian taxation.