Keyword: «tax incentives»

The advantage and novelty of innovation development of economy is based on tax regulation of small and medium business, which in turn is the basis for the efficient functioning of the economy. The priority role plays a regulatory function of taxation, because it stimulates economic development.

Today, municipal authorities in major cities of Russia have reached an understanding that the construction of support measures for non-profit organizations is basically completed and that it is necessary to move to a new level of interaction and building partnerships. Such a transition requires a new conceptual approach, which is often difficult to work out for local governments. The article examines the main problems and suggests solutions to this issue, taking into account the experience of the United States of America.