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The urgency of the research is determined by the necessity to assess the latest changes in the mechanism of providing profit tax relief and to confront the net effect with the orientation to innovative development of the economy. The subject of the investigation is the tax incentives mechanisms in leading and developing world economies. The purpose of the work is to suggest ways to increase the effectiveness of the tax incentive tools employed to close the economic and technological gap between Russia and the world leaders. In conditions of national economy instability determined by both global and internal factors, as well as by the international sanctions related to Russia, the opportunity of fast development of national economy high-technological sectors is of particular importance. In this respect, foreign experience of tax incentives for research and innovations appears very interesting. The authors present the analysis of foreign best practices of tax benefits evolution that stimulate investments into innovative activities. In result, the experience of tax credit that is the basic tool of tax incentives for research-and-development activities is summarized and classified. This made it possible to systemize and classify the existing in Russia investment tax deductions. Comparison of the Russian tax incentive model with the generalized foreign practices demonstrated a variety of problems. It is concluded that there is nothing to compensate for the abolition regional investment tax benefits with reduced tax on profit rate in 2023 in the regions where investment tax deduction is not introduced, which can influence investment climate in the country in a negative way. To solve this problem, the authors suggest introducing investment tax deduction all over the country for investments into modern equipment.

The article summarizes the results of a study of the level of development of the administration of value-added tax (VAT) in the countries of the Eurasian Economic Union at the present stage, introduces a classification of systems. The following factors were identified as factors in building an effective national control system for VAT: the general level of digitalization in the economy of the country, the availability of legislation and infrastructure for electronic document management between business entities and for the subsequent transmission of data from invoices to a single state base, which allows for monitoring operations and identifying risks. Particular attention is paid to plans for the development of control between member countries of the Eurasian Economic Union, including electronic document management between residents of member countries of the union, the exchange of information between tax authorities, and the launch of a traceability system for goods. According to the authors, the success of the implementation of projects to build an international control system depends on the development levels of national VAT administration systems and their harmonization with supranational legislation. An analysis of the current state and trends in the sphere of control over value-added tax allows us to conclude that the control potential of the tax is significantly strengthened.

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