The role of tax incentives in promotion of innovation activity in the Russian Federation

Significance of the Monitoring and Evaluation System in Improving the Efficiency of Tax Incentives

“…Performance evaluation, as a rule, consists in comparing the result of any action with the costs associated with its implementation. The consequences of giving tax incentives are comparable to budget losses (Kireenko, Orlova, 2016). In this regard, it should be said that tax incentives and tax costs should be interpreted as denominators in the efficiency evaluation equation.…”