Tax Incentives for Intellectual Transformation of Companies

The subject of this study is the tax incentives that promote the intellectual transformation of Russian companies. The objective of the article is to assess the role of stimulating tax policy in ensuring the intellectual transformation of business. Research methods include qualitative analysis of tax incentives, correlation and regression analysis (including assessment of autocorrelation, multicollinearity, and heteroscedasticity), structural analysis, analysis of dynamic time series, tabular, and graphical methods of data visualization. The study conducted an inventory and systematization of tax incentives that promote the intellectual transformation of companies. Three groups of tax incentives were identified: (1) incentives aimed at supporting the infrastructure for the intellectual transformation of a company; (2) innovation incentives, and (3) investment-oriented tax incentives. Within the framework of the analysis of the theoretical aspects of the influence of tax incentives on the intellectual transformation of companies, four areas of such influence have been identified. The impact of tax incentives on the intellectual transformation of business through direct and indirect channels has been assessed. A positive indirect (peripheral) impact of taxes on digital transformation through the development of the information and telecommunication technology sector has been revealed, while the direct impact of fiscal incentives on business digitalization processes has not been proved statistically. The scientific novelty of this study lies in the development and testing of the author’s methodology for assessing the direct and indirect impact of tax incentives on the intellectual transformation of companies, based on the use of correlation and regression analysis.

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