Abstract
The article is devoted to the development of the tax system in terms of the organization of import substitution in industrial production to neutralize the sanctions imposed and activate the domestic economy in line with the implementation of the development strategy of the Russian Federation. In the article, the author explores the functions of taxes in the state, the factors that impede the adequate functioning and organization of the tax system, which should improve after the economic and political situation both in the country and abroad. The author concludes that the tax system should be flexible and focused: tax rates should take into account the real contribution of the economic entity to the stabilization and improvement of the economic system of the Russian Federation; if it is necessary to attract private capital, lower tax rates should be used; apply the absence of taxation in the initial period of time in the case of the organization of import-substituting production. These and similar steps can help implement vital plans for the import substitution of manufactured goods, promote the introduction of innovative approaches in domestic practice, and alienate the domestic economy from ill-wishers – participants in the global economy.
