BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

The Tax Regulation System in Transformational Economy
Koroviy V. V.

Koroviy, Valerii V. (2021) “The Tax Regulation System in Transformational Economy.” Business Inform 5:359–364.
https://doi.org/10.32983/2222-4459-2021-5-359-364

Section: Finance, Money Circulation and Credit

Article is written in Ukrainian
Downloads/views: 2

Download article (pdf) -

UDC 336.14

Abstract:
The article is aimed at substantiating the directions of development of the tax regulation system for the medium term, taking into account the peculiarities of the transformational economy. The article analyzes the tax burden in the countries of the sample of Central and Eastern Europe for the period 2006-2019. A higher level of tax burden than in Ukraine is recorded for Slovenia and Hungary. The rating and indicators of Central and Eastern European countries in the Paying Taxes 2020 rating are studied. The expediency and measures to improve Ukraine’s position in the above mentioned rating are substantiated, in particular in terms of reducing the time costs of paying taxes and filling in tax reports. The possibilities of increasing the effectiveness of the tax regulation system in terms of optimizing tax expenditures are estimated. For countries with a transformational economy, it is advisable to use a proportional scale of taxation, because its differentiation increases the cost of administration and creates additional opportunities for manipulation and tax avoidance by certain payers. The need for tax incentives for research and innovation activities in the context of transformational economy is substantiated. In order to ensure sustainable economic growth, directions for increasing the level of socio-economic development of territories and increasing the fiscal capacity of local budgets are proposed.

Keywords: tax regulation, tax policy, taxes, administration of taxes, tax burden.

Fig.: 1. Tabl.: 1. Bibl.: 13.

Koroviy Valerii V. – Candidate of Sciences (Economics), Associate Professor, Candidate on Doctor Degree, Department of Finance, Kyiv National University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: [email protected]

List of references in article

Huidrom, R., Kose, M. A., and Ohnsorge, F. L. “Challenges of Fiscal Policy in Emerging and Developing Economies“. Emerging Markets Finance and Trade, vol. 54, no. 9 (2018): 1927-1945. DOI: https://doi.org/10.1080/1540496X.2017.1328354
Tanzi, V., and Zee, H. H. “Tax policy for emerging markets: developing countries“. National tax journal, vol. 53, no. 2 (2000): 299-322. DOI: https://doi.org/10.17310/ntj.2000.2.07
Bahl, R., and Bird, R. “Subnational taxes in developing countries: The way forward“. Public Budgeting & Finance, vol. 28, no. 4 (2008): 1-25. DOI: https://doi.org/10.1111/j.1540-5850.2008.00914.x
Nikitishyn, A. O. Podatkova polityka v umovakh ekonomichnykh peretvoren [Tax Policy in the Context of Economic Transformation]. Kyiv: KNTEU, 2019.
Chugunov, I., and Pasichnyi, M. “Fiscal stimuli and consolidation in emerging market economies“. Investment Management and Financial Innovations, vol. 15, no. 4 (2018): 113-122. DOI: http://dx.doi.org/10.21511/imfi.15(4).2018.09
Chugunov, I. et al. “Fiscal and Monetary Policy of Economic Development“. European Journal of Sustainable Development, no. 10(1) (2021): 42-52.
Chuhunov, I. Ya. Biudzhetna stratehiia suspilnoho rozvytku [Budget Strategy of Social Development]. Kyiv: KNTEU, 2021.
Melnyk, V. M., and Koshchuk, T. V. “Podatkova polityka Ukrainy v umovakh implementatsii Uhody pro asotsiatsiiu z Yevropeiskym Soiuzom“ [Tax Policy of Ukraine in Terms of Implementation the Association Agreement with the European Union]. Finansy Ukrainy. 2016. http://finukr.org.ua/docs/FU_16_07_007_uk.pdf
Derzhavna sluzhba statystyky Ukrainy. http://www.ukrstat.gov.ua/
Vozniak, H. V., and Zherebylo, I. V. “Formuvannia finansovo spromozhnykh terytorialnykh hromad: ryzyky detsentralizatsii“ [The Formation of Financially Solvent Territorial Communities: Risks of Decentralization]. Finansy Ukrainy, no. 1 (2020): 73-82. DOI: https://doi.org/10.33763/finukr2020.01.073
Afonso, A., and Venancio, A. “Local territorial reform and regional spending efficiency“. Local Government Studies, vol. 46, no. 6 (2019): 888-910. DOI: https://doi.org/10.1080/03003930.2019.1690995
Pasichnyi, M. et al. “The impact of fiscal decentralization on economic development“. Investment Management and Financial Innovations, vol. 16, no. 3 (2019): 29-39. DOI: http://dx.doi.org/10.21511/imfi.16(3).2019.04
Bird, R. M., and Zolt, E. M. “Tax policy in emerging countries“. Environment and Planning C: Government and policy, vol. 26, no. 1 (2008): 73-86. DOI: https://doi.org/10.1068/cav3

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster