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

Formation of Local Budget Revenues in Ukraine in Conditions of Economic Instability: Adaptation to the Challenges of the War and Pandemic
Symanych N. B.

Symanych, Nazar B. (2025) “Formation of Local Budget Revenues in Ukraine in Conditions of Economic Instability: Adaptation to the Challenges of the War and Pandemic.” Business Inform 6:41–41.
https://doi.org/10.32983/2222-4459-2025-6-41-41

Section: Finance, Money Circulation and Credit

Article is written in Ukrainian
Downloads/views: 0

UDC 336.143:352(477)

Abstract:
The aim of the article is to analyze the formation of local budget revenues in Ukraine under conditions of economic instability caused by a decade-long war and the COVID-19 pandemic, as well as to identify tendencies in the adaptation of the budgetary system of territorial communities to crisis challenges. The article examines the transformational processes of local budget revenue formation in Ukraine in the context of prolonged crises caused by the COVID-19 pandemic and the full-scale war by the russian federation against Ukraine. It is substantiated that the financial decentralization implemented in Ukraine up to 2020 ensured an increase in the financial autonomy of local self-government bodies and strengthened the budget capacity of territorial communities. At the same time, starting from 2020, under the influence of crises, a reverse tendency can be observed – a decrease in the share of local budgets in the consolidated budget, centralization of financial resources, and a transformation of the role of inter-budget transfers. The study reveals that the tax revenues of local budgets have shown higher resilience to external shocks compared to transfers from the State budget. Special attention is devoted to the dynamics of key budget-forming taxes – personal income tax, single tax, corporate income tax, excise tax, and property taxes. It is analyzed how the State’s anti-crisis policy and changes in the behavior of local economic agents have influenced the filling of local budgets. The article outlines the current challenges associated with the collection of military personal income tax for the State budget, the decline in property tax revenues due to the loss of the tax base, and the changing role of transfers in supporting communities. The conclusion emphasizes the necessity of strengthening the fiscal autonomy of territorial communities and developing tools to adapt local finances to the conditions of prolonged economic instability.

Keywords: local budgets, war, pandemic, revenue formation, tax revenues, interbudgetary transfers, crisis.

Fig.: 8. Tabl.: 1. Bibl.: 8.

Symanych Nazar B. – Postgraduate Student, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)
Email: [email protected]

List of references in article

Vozniak, H. V., and Patytska, Kh. O. “Finansy terytorialnykh hromad Ukrainy v umovakh poshyrennia pandemii: problemno oriientovanyi analiz z urakhuvanniam povedinkovykh aspektiv“ [Finances of Territorial Communities of Ukraine in the Conditions of Spreading Pandemic: Problem-Oriented Analysis Taking into Account Behavioral Aspects]. Ekonomika Ukrainy, no. 6 (2021): 78-98. DOI: https://doi.org/10.15407/economyukr.2021.06.078
Shapravskyi, R., and Bilous, O. “Na sproshchenu systemu opodatkuvannia zi stavkoiu 2% pereishlo 120 tysiach pidpryiemstv“ [120 Thousand Enterprises Switched to a Simplified Taxation System with a Rate of 2%.]. RBK-Ukraina. March 31, 2022. https://www.rbc.ua/ukr/news/uproshchennuyu-sistemu-nalogooblozheniya-1648728593.html?utm_source=chatgpt.com
[Legal Act of Ukraine] (2020). https://zakon.rada.gov.ua/laws/show/540-20#Text
[Legal Act of Ukraine] (2022). https://zakon.rada.gov.ua/laws/show/2120-20#Text
[Legal Act of Ukraine] (2023). https://zakon.rada.gov.ua/laws/show/3219-20#Text
[Legal Act of Ukraine] (2020). https://zakon.rada.gov.ua/laws/show/533-20#Text
[Legal Act of Ukraine] (2014). https://zakon.rada.gov.ua/laws/show/333-2014р#Text
Open Budget. Derzhavnyi veb-portal biudzhetu dlia hromadian. https://openbudget.gov.ua/

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