BRICS Strategy for developing international tax relations in the AIC

Issue № 12, 2024, article № 14, pages 119-125

Section: ABROAD

Language: Russian

Original language title: СТРАТЕГИЯ РАЗВИТИЯ МЕЖДУНАРОДНЫХ НАЛОГОВЫХ ОТНОШЕНИЙ АПК СТРАН БРИКС

Keywords: STRATEGY, INTERNATIONAL TAX RELATIONS, AGRO-INDUSTRIAL COMPLEX, BRICS

Abstract: Building effective international tax relations between the AIC and friendly countries by Russia is relevant and significant for sustainable growth and food security. Changes in the geopolitical structure with the growth of sanctions served as the basis for reorientation of trade and tax relations to friendly countries. The reduction in exports to European countries was replaced by an increase in exports to Asian and African countries. The use of over 33% of the world's agricultural land by interstate BRICS is rapidly expanding due to distinctive natural, climatic, social, economic and demographic conditions. The capacious planned potential of the agricultural market of Brazil, Russia, India, China, South Africa, the UAE, Iran, Egypt, Saudi Arabia and Ethiopia is obvious for 2025. Consideration of the structure, volumes of export-import turnover, practice of conventions to eliminate double taxation in BRICS revealed trends in the development of international tax relations, which form the basis of the components of their Development Strategy in the AIC. Suspension of tax agreements between unfriendly countries for the security of supplies expanded mutually beneficial cooperation between friendly countries, protecting Russian business. Taking into account the specialization and structure of the trade balance, the essence is defined, the directions of the Strategy for the development of international tax relations of the BRICS agro-industrial complex are formed according to Ricardo's theory: to export cheap goods and import those whose production is cheaper abroad, with effective tax support and control over the elimination of tax evasion.

Authors: Ruban-Lazareva Natalia Vladimirovna