The role of human capital in the innovative development of the region

The relevance of the study is determined by the presence of various approaches that define the role of value-added tax (VAT) in macroeconomic regulation. The aim of the research is to analyze scientific views on the impact of VAT on macroeconomic parameters of the Russian economy, as well as to substantiate macroeconomic factors influencing VAT receipts into the consolidated budget. The research methodology is based on principles recognizing taxation as an effective tool for macroeconomic regulation. The study employs general scientific methods, as well as correlation and regression analysis. The results of the scientific research presented in the article allow establishing a close relationship between VAT receipts into the consolidated budget and expenditures on final consumption, household income, inflation, gross domestic product, import and export volumes, as well as investment in fixed capital. The obtained results can be used to justify proposals for improving the calculation and payment procedures of VAT in order to ensure sustainable growth of the Russian economy