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

Personal Income Tax and Military Fee: Challenges, Efficiency and Impact on Financial Stability
Yuzdepska A. A., Nikolaeva A. P., Yurchyshena L. V.

Yuzdepska, Angelina A., Nikolaeva, Anastasia P., and Yurchyshena, Liudmyla V. (2024) “Personal Income Tax and Military Fee: Challenges, Efficiency and Impact on Financial Stability.” Business Inform 12:296–302.
https://doi.org/10.32983/2222-4459-2024-12-296-302

Section: Finance, Money Circulation and Credit

Article is written in Ukrainian
Downloads/views: 0

Download article (pdf) -

UDC 336.225.1

Abstract:
The article considers personal income tax and military fee as important elements of the financial system of Ukraine, which ensure the stability of the budget at the State and local levels. Particular attention is paid to their impact on the economic stability of the State in the face of modern challenges, in particular in view of the protracted full-scale war. The study is aimed at analyzing such challenges related to the administration of these taxes as increasing transparency in the use of funds, reducing the tax burden and minimizing tax evasion. Personal income tax is one of the key budget-forming taxes, which provides a significant part of State revenues. It is levied on citizens’ incomes and is used to finance the basic needs of the country. The military fee, in turn, is a targeted tax designed to support the defense capability of the State. Both taxation instruments demonstrate the importance of efficient public finance management, which becomes especially relevant in the context of socioeconomic changes and increased burden on the State budget. The article highlights the impact of these taxes on ensuring the financial viability of local budgets, which play an important role in solving regional problems. In particular, income from personal income tax is used to finance local infrastructure, social programs, health care and education. This underscores the importance of fiscal decentralization, which helps to strengthen the autonomy of local authorities. An important aspect of the study is the analysis of the challenges associated with the military fee, including the issue of its legal status in the country’s tax system. It is noted that this fee is a targeted payment that does not provide direct benefits for taxpayers, but is of strategic importance for meeting defense needs. The article also discusses the problems that arise in the process of expanding the tax base with the military fee and introducing new rates for different categories of taxpayers. The study highlights the importance of transparency in the use of the funds raised, which will help to strengthen trust in the tax system. The article emphasizes that the optimization of the processes of administering personal income tax and military fee will allow for more efficient use of available resources to meet the needs of the State and society. The conclusions emphasize the need to improve the tax system by introducing new tools that will increase the efficiency of tax management. In particular, it is recommended to focus on the development of mechanisms to ensure the targeted use of funds, improve the administration of tax revenues and stimulate economic activity. Thus, the article highlights the important role of personal income tax and military fee in ensuring Ukraine’s financial stability and forming the foundations for sustainable economic development. Improving these tax instruments will ensure the long-term sustainability of the State budget and create conditions for more efficient meeting of the needs of society.

Keywords: personal income tax, military fee, State budget, local budget, financial stability, fiscal efficiency, tax administration.

Fig.: 3. Tabl.: 1. Bibl.: 15.

Yuzdepska Angelina A. – Student, Vasyl’ Stus Donetsk National University (21 600-richchia Str., Vinnytsia, 21021, Ukraine)
Email: [email protected]
Nikolaeva Anastasia P. – Student, Vasyl’ Stus Donetsk National University (21 600-richchia Str., Vinnytsia, 21021, Ukraine)
Email: [email protected]
Yurchyshena Liudmyla V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance and Banking, Vasyl’ Stus Donetsk National University (21 600-richchia Str., Vinnytsia, 21021, Ukraine)
Email: [email protected]

List of references in article

Chupryna, L. “Osoblyvosti pravovoho rehuliuvannia viiskovoho zboru. Podatkovi spory v administratyvnomu sudochynstvi“ [Peculiarities of the Legal Regulation of the Military Levy. Tax Disputes in Administrative Proceedings]. Administratyvna yustytsiia v Ukraini: problemy teorii ta praktyky. 2022. https://supreme.court.gov.ua/userfiles/media/new_folder_for_uploads/supreme/2022_07_06_zbirnyk_tez.pdf#page=218
Shpak, O., and Bezruchenok, D. “Rol viiskovoho zboru, yak skladnyka podatkovoi systemy Ukrainy“ [The Role of the Military Levy as a Component of the Tax System of Ukraine]. Scientific Collection «InterConf+», no. 40 (2023): 118-127. DOI: https://doi.org/10.51582/interconf.19-20.12.2023.010
Andriienko, K., and Artiukh, O. “Problemni aspekty suchasnoi podatkovoi systemy Ukrainy“ [Problematic Aspects of the Modern Tax System of Ukraine]. International Science Journal of Management, Economics & Finance, vol. 2, no. 4 (2023): 1-10. DOI: 10.46299/j.isjmef.20230204.01
Lavryshyn, S. Yu. Ukhylennia vid opodatkuvannia: prychyny, naslidky ta protydiia [Tax Evasion: Causes, Consequences and Countermeasures]. Lviv, 2023.
Kolesnyk, V. M. “Suchasni problemy ukhylennia vid splaty podatkiv ta shliakhy yikh vyrishennia“ [Modern Problems of Tax Evasion and Ways to Solve Them]. Svit naukovykh doslidzhen. 2022. https://elartu.tntu.edu.ua/bitstream/lib/38407/1/Збірник%2026%20травня.pdf#page=14
Kraska, V. “Ukhylennia vid splaty podatkiv v Ukraini: prychyny ta metody borotby“ [Tax Evasion in Ukraine: Causes and Methods of Combat]. Fiskalna polityka Ukrainy v umovakh yevrointehratsiinykh protsesiv. 2023. http://dspace.wunu.edu.ua/bitstream/316497/49479/1/Краска%20Вікторія.pdf
“Dokhody“ [Income]. Open budget. https://openbudget.gov.ua/national-budget/incomes
“Vykonannia dokhodiv mistsevykh biudzhetiv“ [Implementation of Local Budget Revenues]. Ministerstvo finansiv Ukrainy. https://www.mof.gov.ua/uk/vykonannia-dokhodiv-mistsevykh-biudzhetiv
Yurchyshena, L. V., and Borachuk, V. “Analiz fiskalnoi znachymosti podatku ta zboru na dokhody fizychnykh osib do mistsevykh biudzhetiv oblastei“ [Analyzing the Fiscal Efficiency of the Personal Income Tax and Military Fee to the Local Budgets of the Regions]. Biznes Inform, no. 10 (2023): 302-314. DOI: https://doi.org/10.32983/2222-4459-2023-10-302-314
Nechyporenko, A. V., and Chernyshova, T. O. “Napriamy vdoskonalennia systemy upravlinnia publichnymy finansamy v Ukraini“ [Directions for Improving the Public Finance Management System in Ukraine]. Upravlinnia publichnymy finansamy ta problemy zabezpechennia natsionalnoi ekonomichnoi bezpeky. Irpin: UDFSU, 2019. 353-356.
Kuzheliev, M. et al. “Discretionary budget expenditure in the system of state regulation of the country's socioeconomic development“. Public and Municipal Finance, vol. 7, no. 4 (2018): 8-18. DOI: http://dx.doi.org/10.21511/pmf.07(4).2018.02
Reformuvannia podatkovoi systemy Ukrainy: suchasni vyklyky ta oriientyry [Reforming the Tax System of Ukraine: Modern Challenges and Guidelines]. Kyiv: Novyi druk, 2015.
Kuzheliev, M. O., and Nechyporenko, A. V. Finansovi instrumenty stymuliuvannia rehionalnoho rozvytku: praktyka vykorystannia v Ukraini [Financial Instruments for Stimulating Regional Development: Practice of Use in Ukraine]. Kyiv: TsUL, 2019.
Nechyporenko, A. “Financial resources of public sector of economy in ensuring realization of financial policy of the country“. In Association Agreement: Driving Integrational Changes, 374-385. Illinois, USA: Accent Graphics Communications Chicago, 2019.
Rainova, L. B. “Opodatkuvannia dokhodiv fizychnykh osib v konteksti sotsialnoi spravedlyvosti ta efektyvnosti“ [Income Taxation of Individuals in the Context of Social Justice and Efficiency]: dys. … kand.. ekon. nauk : 08.00.08, 2019.

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