Academic journal article Asian Social Science

The Concept of Development of the Tourism Industry under the Present System of Taxation

Academic journal article Asian Social Science

The Concept of Development of the Tourism Industry under the Present System of Taxation

Article excerpt


The main objective of the tax system, which reflects the general patterns formed in this area, and features a specific country, industry and service tax is a positive impact on the expansion of certain types of activities, and therefore spheres of business activity and the development of the whole economy. The purpose of this article to review the main trends in the development of the tourism industry under the present system of taxation.

Keywords: tourism industry, taxation, taxation regimes, the concept of development

1. Introduction

The structure of international trade in services is quite complicated. However, that tourism has the greatest value. In value terms, there is an absolute increase in tourism and transport, while at the same time, the share of services in total exports of services is reduced. According to many experts, the effect of reducing sales to continue in the long term, as governments carry out the fight with the state budget deficit by raising taxes. Tourism market is a highly competitive market with opportunities consumer choice among several directions (high elasticity of demand). Therefore, this sector is particularly sensitive to tax policy. (Karmanova 2012; Kryukova & Sokolova, 2014)

Being an export-oriented area, tourism exhibits greater stability compared with other activities in an unstable situation on world markets. Historically, after the reduction of income from tourism activities as a result of the impact of negative externalities almost immediately followed an increase in tourist arrivals. Therefore, in foreign countries tourist activity that has traditionally evolved in low taxation and has a high tax potential, has become an important field of activity of the fiscal authorities. (Kanin & Kaurova, 2012)

In the next decade, the tax system in Russia will face tremendous challenges, which are caused by the need to adapt to the process of aging and optimizing the tax burden on the economy due to lower rental revenues in the medium term. In 2013, the first time in ten years, high oil prices have ceased to be the basis for economic growth. Under these conditions, taxes and their structure are essential components of structural reforms (along with the regulation of the labor market and employment promotion programs), as are the main source of state revenue. Therefore, great importance is the search for ways to optimize the tax burden. (Kryukova et al., 2014)

2. Methods

Need for a comprehensive analysis of the processes occurring in the system of taxation, led to extensive use of various specific and general scientific research methods. In particular, in this paper we use scientific methods such as scientific methods as a systematic approach, abstract and logical analysis, economic analysis and synthesis, dynamic and comparative analysis of statistical data, the method of economic groups, factor analysis method and expert evaluations.

Information base amounted to legal acts in the field of taxation; data from the Federal Statistics Agency of the Russian Federation, the Russian Central Bank, Ministry of Finance; database of international economic organizations (the World Tourism Organization, the World Bank, the Organization for Economic Cooperation and Development, the International Monetary Fund and others.) results of empirical studies of domestic and foreign authors, publications in specialized journals and the media, Internet resources. (Lennon, 2008)

The study of a modern system of taxation of tourist activity is based on the author's approach to assessing the effects of changes in the taxation of tourist activity, based on the concept of limiting excessive tax burden, which allows us to estimate the difference between the growth of budget revenues and a loss of social welfare as a result of changes in taxation, taking into account the relationship of the tourism sector to other sectors of the economy.

3. Results

Summarizing the results of the study, we present the main conclusions of the study. …

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