INSTITUTIONAL ENVIRONMENT OF BUSINESS IN RUSSIA: A PRINCIPLE OF TAX SYSTEM’S STABILITY

Ramziya Shakirova
Prof. Dr., Mari State University, Russia, ramziya05@gmail.com

Abstract
A Tax system is one of the most important elements of institutional environment of business development. Business development depends on the quality of acting tax system of a country (according to fulfilling of its regulating functions and also according to its stability). The article explains the content of Principle of state tax system’s stability, proves the necessity to follow it in modern conditions in Russian Federation and analysis realization of the Principle in Mari El Republic.

Keywords: Institutional environment, Principles of taxation, Principle of elasticity, Principle of stability of the tax system.