Principles of Taxation of Excess Profits of Organizations

The relevance of the topic is predetermined by the increasing frequency of structural shocks in the global economy (due to technological and environmental gaps, geopolitical fragmentation, erosion of international rules), as well as in determining the ways of institutionalizing the excess profit tax in Russia as a result of such shocks. The object of the study is the patterns, instruments and mechanisms of taxation of excess profits of organizations in the Russian Federation. The goal is to develop conceptual provisions on the taxation of excess profits and scientific and practical recommendations for the development of a mechanism for taxing excess profits of organizations in Russia. The research methodology is based on a systems approach to the analysis of processes and phenomena, the application of special economic methods of statistical analysis. The methodological and scientific-methodological base of the study consisted of the theory of knowledge, a systems approach to the analysis of processes and phenomena, neoclassical and institutional economic paradigms, scientific works of the classics of financial science, leading modern domestic and foreign scientists on the problems of the tax system and tax policy. The work includes an analysis of modern theoretical and methodological approaches to the taxation of excess profits of organizations; Domestic and international experience in taxing excess profits is analyzed, and scientific and practical recommendations for developing a mechanism for taxing corporate excess profits in Russia are substantiated. The novelty of this study lies in the development of a set of conceptual provisions on excess profit taxation and scientific and practical recommendations for developing a mechanism for taxing corporate excess profits, taking into account the socioeconomic and institutional characteristics of the Russian Federation. A rationale is provided for the transition from an excess profit tax as an exceptional tax for extraordinary circumstances to a tax based on rules for increasingly frequent structural shocks, and paths for its institutionalization in the Russian economy are identified.