THE PRACTICE OF FORMING TAX REVENUES OF CONSOLIDATED REGIONAL BUDGETS OF NORTHERN REGIONS

The article considers the principles of separation of tax powers, tax and transfer methods for forming the revenues of consolidated regional budgets, the ways to compensate falling tax revenues. The paper gives the analysis of fiscal independence, the ratio of tax revenues and expenses, the structure of the consolidated regional budget of the northern regions. The author proposes the measures for the improvement of these budgets.