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
Main page
Editorial staff
Editorial policy
Annotated catalogue (2011)
Annotated catalogue (2012)
Annotated catalogue (2013)
Annotated catalogue (2014)
Annotated catalogue (2015)
Annotated catalogue (2016)
Annotated catalogue (2017)
Annotated catalogue (2018)
Annotated catalogue (2019)
Annotated catalogue (2020)
Annotated catalogue (2021)
Annotated catalogue (2022)
Annotated catalogue (2023)
Annotated catalogue (2024)
Thematic sections of the journal
Proceedings of scientific conferences
|
The Essence and Significance of Tax Instruments in Ensuring the Recovery of the Economy of Ukraine Koliada T. A., Tokarchuk O. L.
Koliada, Tetiana A., and Tokarchuk, Olha L. (2023) “The Essence and Significance of Tax Instruments in Ensuring the Recovery of the Economy of Ukraine.” Business Inform 6:157–163. https://doi.org/10.32983/2222-4459-2023-6-157-163
Section: Finance, Money Circulation and Credit
Article is written in UkrainianDownloads/views: 0 | Download article (pdf) - |
UDC 336.027
Abstract: The article is aimed at revealing the essence and significance of tax instruments for implementing the budget policy to ensure the recovery of Ukraine’s economy, also at developing recommendations for improving the efficiency of their use. The article generalizes the theoretical foundations of formation and implementation of budget policy; shortcomings and problems that impede the effective functioning of the tax system are identified; an assessment of the efficiency of the use of various tax instruments that can affect the success of implementation of the budget policy is provided; the directions of improvement of tax instruments of budgetary policy to ensure the recovery of the economy of Ukraine are substantiated. It is proved that in modern conditions the discrepancy between the tax system and the state of the economy becomes a chronic problem that has a negative impact on the balanced budget and macro-financial stability of the country. The tax system is one of the key instruments of the State regulation of the economy, as it defines the rules and mechanisms for collecting taxes, their distribution, use to ensure financing of the State functions as such, and achievement of the goals of socioeconomic development. It is substantiated that owing to changes in economic and social conditions, the tax system may lose its efficiency and adaptability to new challenges. There is a situation when legislation becomes outdated, complex and unable to take into account the current realities of the economy. Also, due to the full-scale war on the territory of Ukraine, the volume of the budget deficit has rapidly increased and a recession in the economy takes place. To overcome these problems, the government needs to develop ways to improve fiscal policy by modernizing tax instruments and assessing their effectiveness and their focus on achieving long-term priorities. Prospect for further research in this direction is to determine the optimal structure of tax revenues to budgets of all levels, taking into account the peculiarities of post-war economic development and assess the impact of using tax instruments on stimulating economic recovery in Ukraine.
Keywords: tax instruments, economic recovery, budget policy, sustainable development, tax burden, budget revenues.
Fig.: 1. Tabl.: 5. Bibl.: 10.
Koliada Tetiana A. – Candidate of Sciences (Economics), Senior Research Fellow, Associate Professor, Department of Public Finance, State Tax University (31 Universytetska Str., Irpin, Kyiv region, 08205, Ukraine) Email: [email protected] Tokarchuk Olha L. – Student, Faculty of Finance and Digital Technologies, State Tax University (31 Universytetska Str., Irpin, Kyiv region, 08205, Ukraine) Email: [email protected]
List of references in article
Modernizatsiia podatkovoi ta mytnoi polityky v instytutsionalnomu zabezpechenni rozvytku ekonomiky Ukrainy [Modernization of Tax and Customs Policy in the Institutional Support of the Development of the Economy of Ukraine]. Irpin: Universytet DFS Ukrainy, 2020.
Koliada, T. A., and Kovaliuk, A. V. “Sutnist ta znachennia podatkovykh instrumentiv u zabezpechenni stabilizatsii natsionalnoi ekonomiky“ [Essence and Meaning of Tax Instruments in Provinding Stabilization of the National Economy]. Zbirnyk naukovykh prats Universytetu derzhavnoi fiskalnoi sluzhby Ukrainy, no. 2 (2018): 135-153.
[Legal Act of Ukraine] (2010). https://zakon.rada.gov.ua/laws/show/2755-17#Text
Markina, O. “Taxation, Inequality, and Poverty: Evidence from Ukraine“. Central European Economic Journal, vol. 9 (2022): 1-18. DOI: https://doi.org/10.2478/ceej-2022-0001
Novikova, I. et al. “Economic prospects of post-war recovery: challenges and opportunities for sustainable development in Ukraine“. Finansovo-kredytna diialnist: problemy teorii ta praktyky, no. 3 (2023): 298-307. DOI: https://doi.org/10.55643/fcaptp.3.50.2023.4091
“Valovyi vnutrishnii produkt (VVP) v Ukraini 2023“ [Gross Domestic Product (GDP) in Ukraine 2023]. Minfin. April 02, 2023. https://index.minfin.com.ua/ua/economy/gdp/
Derzhavna podatkova sluzhba Ukrainy. https://tax.gov.ua/
Perkhailo, S., and Kharlamova, H. “Problemy ta perspektyvy transformatsii podatkovoi systemy Ukrainy na shliakhu do kontseptsii staloho rozvytku derzhavy“ [Problems and Prospects of the Transformation of the Tax System of Ukraine on the Way to the Concept of Sustainable Development of the State]. Derzhavna polityka staloho rozvytku Ukrainy: bazovi zasady (materialy pidhotovky do Parlamentskykh slukhan 2021). Kyiv, 2022. https://komprompol.rada.gov.ua/uploads/documents/31152.pdf#page=85
Verlanov, S. “Pressing challenges for the Ukrainian tax system“. 2023. https://dc.org.ua/en/news/tax-system
Skrypnychenko, M., Kuznietsova, L., and Bilotserkivets, O. “Stsenarni makrootsinky pisliavoiennoi vidbudovy ekonomiky Ukrainy“ [Scenario Based Macro Assessments of the Post-War Recovery of Ukraine's Economy]. Ekonomika i prohnozuvannia, no. 3 (2022): 48-74. DOI: https://doi.org/10.15407/eip2022.03.048
|
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»
|