Issues of the Regulation of Tax Incentives in the Investment Sphere in the Russian Federation

This article explores the problems of legal regulation of tax benefits in the field of investment. The approaches to the definition of the terms "investment", "investment activity" are being studied. How these terms are defined in the legislation of the Russian Federation, as well as international acts. The concept of “tax incentive” and the problems of distinguishing it from other tax exemptions are studied in detail. The types of tax benefits for investors, the procedure and conditions for their provision are considered. Based on federal and regional laws, problems in providing tax benefits to investors are investigated. An analysis of judicial practice in this area reveals the problem of the lack of a unified interpretation of the concept of “tax incentive”. The lack of uniform judicial practice indicates problems in the legislative regulation of tax benefits. Based on the analyzed legislation on the provision of tax benefits to investors and judicial practice on this issue, ways have been developed to improve the legal regulation of tax benefits in the field of investment.