Tax Expenditures of the Budget in the Structure of the Budget System Budgets: Features of Legal Regulation

Taking into account the development of the concept of tax expenditures, it is proposed to analyze its development in foreign countries and Russia, as well as to determine the legal nature of these expenditures and their relationship to tax benefits. Despite the fact that there is no consensus on the signs of tax expenditures, foreign and domestic science consider tax expenditures and tax benefits as not identical concepts, pointing to the criteria separating them. In this regard, it is appropriate to talk about the legal consolidation of the term “tax expenditures” in budget legislation and the identification of characteristic features. The author comes to the conclusion that: a) tax expenditures are a broader concept than tax benefits, and also not every tax benefit is a tax expense; b) it is advisable to include the definition of “shortfall in tax revenues” in budget legislation with a definition that would be more equivalent to the concept of tax benefits.