Transformation of Personal Income Taxation in Conditions of Economy Digitalization

Abstract

Purpose: Development of proposals for optimization of personal income taxation in conditions of digitalization. Design/methodology/approach: The work uses methods of logical and systemic analysis and synthesis of the evolution of taxation and tax administration of personal income. The experience of personal income taxation in conditions of digitalization has been investigated. An analysis of the impact of digitalization on income tax revenues of individuals and on the unemployment rate was carried out. Findings: The relevance of this work lies in the high importance of threats to the taxation of personal income arising in the process of digitalization of the economy. Trends in the digital economy that affect the taxation of income of individuals and the risks that they lead to are highlighted. And, also, proposed a set of recommendations on the transformation of the system of taxation of income of individuals in Russia in the conditions of digitalization. Originality/value: The developed set of measures will allow adapting the tax system of the Russian Federation in the field of personal income taxation to the new intellectual and information era.