scholarly journals METHODOLOGICAL APPROACHES TO THE ASSESSMENT OF THE TAX POTENTIAL OF THE REGIONS OF UKRAINE

2021 ◽  
pp. 72-80
Author(s):  
Svitlana Demydenko ◽  
Viktor Demydenko
Keyword(s):  
Income Tax ◽  
Value Added ◽  
Real Income ◽  
Gross Regional Product ◽  
Tax Base ◽  
Excise Tax ◽  
Advantages And Disadvantages ◽  
Tax Revenues ◽  
Potential Index ◽  
Regional Product

The article considers the essence and main properties of the tax potential of the region. The structure of tax potential, including three main components – realized, unrealized and forecasted ones – is studied. It is proved that the main sources of tax potential formation are potential tax revenues, opportunities of taxpayers, tax base resources and rates. The results of an analysis of tax revenues structure in Consolidated Budget of Ukraine for 2013–2019 have shown that the actual tax revenues, forming the realized component of the tax potential, occupy the largest share among all types of budget revenues. The main budget-forming taxes in Ukraine are personal income tax, value added tax, corporate income tax, and excise tax. The characteristics of the existing methods of assessing the tax potential in the region, their advantages and disadvantages are given. To assess the tax potential of the regions in Ukraine, the method using the index of tax potential based on gross regional product has been applied. The analysis of the tax potential index has allowed to systematize the regions of Ukraine into groups according to the indicator of tax capacity, to objectively assess the real income opportunities of each region in the country and to prove that the factors of influence on increasing tax potential should be the growth of gross regional product and income. It is proved that the assessment of tax potential is an important step in the system of tax planning and forecasting, which is based on information about the level of potential income. Based on the results of the assessment of the tax potential of the regions, it is advisable to develop measures aimed at expanding and improving the structure of the tax base, which may be prospects for further development in this area.

scholarly journals FISCAL EFFECTIVENESS ASSESSMENT OF THE BUDGET-GENERATING TAXES IN UKRAINE

2021 ◽  
pp. 66-78
Author(s):  
Olha ZAMASLO ◽  
Maksym KOBYLNYK
Keyword(s):  
Correlation Analysis ◽  
Income Tax ◽  
Value Added ◽  
Corporate Income Tax ◽  
Capital Investments ◽  
Value Added Tax ◽  
Excise Tax ◽  
Tax Revenues ◽  
Macroeconomic Indicators ◽  
Business Entities

Introduction. A significant share of tax revenues in the revenue part structure of the Consolidated budget of Ukraine forms the grounds for assessing the economic efficiency of established taxes in order to make managerial decisions in the budget and tax management field at the macro level. Therefore, it is important to analyse the fiscal effectiveness indicators of taxes that form the tax revenues majority to the budgets of Ukraine, as well as to identify socio-economic factors that affect the size of such revenues. The purpose of the article is to analyse the fiscal effectiveness indicators of budget-generating taxes, to perform a correlation analysis of the tax revenues dependence on macroeconomic indicators and substantiate ways to increase the tax revenues sources to budgets of different levels. Results. The scientists’ approaches to the definition of the essence of the category “fiscal efficiency” were considered as well as was monitored the volume and structure of tax revenues to the Consolidated budget of Ukraine for 2015–2020. The factors of fiscal effectiveness were investigated and its assessment was carried out on the basis of data on the revenues of value added tax, personal income tax, excise tax and corporate income tax to the Consolidated budget using indicators of the fiscal significance of the tax in the budget, the fiscal significance of the tax in the state GDP and the ratio of the predicted and actual indicators of tax revenues. It was performed a correlation analysis of budget-forming taxes with macroeconomic indicators, as a result of which close relationship has been determined between the number of introduced types of innovative products and the volume of value-added tax revenues of goods (work and services) produced in Ukraine; the volume of revenues from corporate income tax and capital investments made by business entities, as well as between the volume of revenues from excise tax and the number of unemployed population in Ukraine. Based on the results of the investigation, there were proposed and substantiated the ways of tax reforms and directions of government measures to increase tax revenues.

scholarly journals Scenario approach in forecasting tax revenues of the state budget of Ukraine

2019 ◽  
Vol 3 (3) ◽  
pp. 27-34
Author(s):  
Valentyna Martynenko
Keyword(s):  
Time Series ◽  
Income Tax ◽  
Value Added ◽  
Business Environment ◽  
The State ◽  
State Budget ◽  
Excise Tax ◽  
Tax Revenues ◽  
Macroeconomic Indicators ◽  
Scenario Approach

Introduction. State revenue management stands first in the areas of government regulation, which is provided by the regulation of fiscal policy. It is achieved by optimizing the amount of nationwide taxes and their tax rates, with the least amount of tax evasion. It is also important to ensure the implementation of the budget process, which is based on budget planning and forecasting, the effectiveness criterion of which is the reliability of the forecast. The compulsory component of extrapolation of time series – the most used forecasting method – is the scenario approach, so the research of possibilities of its implementation is relevant. Aim and tasks. The aim of the article is to introduce a scenario approach in forecasting tax revenues of the state budget of Ukraine. The main tasks set to achieve this aim are: modeling the dependence of tax revenues on macroeconomic indicators; trend analysis and extrapolation of time series of macroeconomic indicators; development of forecast scenarios of state budget revenues from state taxes. Results. It is proved that comprehensive stimulation of the production of gross value added, especially in the sphere of material production, as a basis for economic growth, will have a positive impact on the growth of output of goods and services, as well as will provide an increase in the revenues from value added tax (VAT) and excise tax to the state budget. Provision at the state level of further growth of the minimum wage and the deployment of social programs, as well as stimulating the legalization of shadow incomes of individuals in order to stimulate incomes of the population will lead to revenue increase from the personal income tax to the state budget. Creating favorable conditions for doing business by creating a business environment free from corruption, legalizing the shadow income of legal entities in order to maximize the profit of gross profit, mixed income will lead to an increase in corporate income tax revenues and subsoil use fee to the state budget of Ukraine. Conclusions. Over the next 5 years, aggregate tax revenues to the state budget will increase, regardless of the forecast scenario. The largest contribution to tax revenue growth can be provided by excise tax. The dynamics of the remaining taxes will also be increasing. Because the extrapolation of time series and scenario analysis are applied and universal methods of forecasting, they can be used in forecasting tax revenues of both consolidated and local budgets of Ukraine. Prospects for further research of the author will be relevant to these areas.

Zasady opodatkowania dochodów i obrotów ze sprzedaży produktów wytwarzanych w gospodarstwach rolnych

2021 ◽  
Vol 1 (69) ◽  
pp. 189-215
Author(s):  
Jacek Kulicki
Keyword(s):  
Income Tax ◽  
Value Added ◽  
Personal Income ◽  
Agricultural Activity ◽  
Personal Income Tax ◽  
Value Added Tax ◽  
Excise Tax ◽  
Agricultural Income

The analysis of the applicable regulations leads to the conclusion that the system of taxation of farmers’ income is complex. The author points out different definitions of agricultural activity for the purposes of income tax and value added tax. The legislator makes the classification of agricultural income among individual sources of income for the purposes of personal income tax dependent on whether they are processed or unprocessed products and on the method of their processing. The differences in the treatment of farmers’ revenues for the purposes of income tax overlap with the tax obligations with regard to value added tax and excise tax.

scholarly journals Professional Opinions And Attitudes On Tax Policy In Bosnia And Herzegovina With A Special Focus On The Federation Of Bosnia And Herzegovina

2015 ◽  
Vol 10 (2) ◽  
pp. 29-44 ◽  
Author(s):  
Lejla Lazović-Pita ◽  
Ana Štambuk
Keyword(s):  
Bosnia And Herzegovina ◽  
Tax Policy ◽  
Income Tax ◽  
Value Added ◽  
Special Focus ◽  
Tax Reforms ◽  
Tax Base ◽  
Excise Duty ◽  
Efficiency Principle ◽  
Definition Of

Abstract This research is based on tax policy opinion survey data collected in Bosnia and Herzegovina (B&H) among tax experts. A special focus of the survey was to investigate the consequences of the different institutional environments that exist between the two entities of the country. After having reviewed all previous tax reforms in B&H, the most interesting results suggest that respondents agree on the introduction of a progressive personal income tax (PIT) and excise duty on luxury products, the maintenance of personal and family allowances and the maintenance of the current value added tax (VAT) and corporate income tax (CIT) rates. However, differences exist in the respondents’ perceptions about the introduction of reduced VAT rates, the regressivity of the VAT, and giving priority to the equity principle over the efficiency principle in taxation. Probability modelling highlighted these differences and indicated inconsistencies in the definition of the PIT tax base, namely the comprehensiveness of the PIT base under the S-H-S definition of income.

APPLICATION OF A SPECIAL TAX REGIME FOR SELFEMPLOYED CITIZENS ON THE TERRITORY OF THE RUSSIAN FEDERATION. PROFESSIONAL INCOME TAX

2021 ◽  
Vol 2 (3) ◽  
pp. 41-48
Author(s):  
V. B. DZOBELOVA ◽  
◽  
A. E. SALAMOVA ◽  
Keyword(s):  
Russian Federation ◽  
Income Tax ◽  
Statistical Data ◽  
The Self ◽  
Federal Law ◽  
Tax Base ◽  
Advantages And Disadvantages ◽  
Research Article ◽  
The Subject ◽  
The Russian Federation

The relevance of the topic is largely due to the development of the country's tax base and the expansion of the geography of the special tax regime of the NAP. The main aspects of the functioning described in the work help to assess the advantages and disadvantages of the tax for self-employed persons. The purpose of the study is to reflect the trend in the development of a special tax regime for self-employed citizens in the Russian Federation. In connection with the purpose of the study, the following tasks were solved: to reveal the essence of the “self-employed population”, to characterize the main provisions of the special tax regime of the NAP, to consider the statistics of the number of self-employed persons in the Russian Federation, to identify the specifics of the tax regime for the self-employed population. The subject of the research is the special tax regime "Tax on professional income". The object of the research is the regulatory framework, as well as statistical data submitted by individuals to the Federal Tax Service on the implementation of activities to provide services to other individuals for personal, household and (or) other needs.As part of this research article explores the concept of "self-employed" citizens and trends in the use of special tax regime for the self-employed population in Russia according to the Federal Law from 27.11.2018 No. 422 «On the experiment of establishing a special tax regime "Tax on professional income"». The positive and negative aspects of the functioning of the tax regime are identified and the dynamics of the implementation of the law is studied.

Ocena skutków regulacji zawartych w poselskim projekcie ustawy o podatku od niektórych usług cyfrowych i Funduszu Technologii Cyfrowych

2021 ◽  
Vol 2 (70) ◽  
pp. 202-212
Author(s):  
Jacek Kulicki
Keyword(s):  
Local Government ◽  
Income Tax ◽  
The State ◽  
Tax Base ◽  
Tax Rate ◽  
Tax Revenues ◽  
Digital Services ◽  
State And Local Government ◽  
State And Local

In the opinion of the author, doubts are raised as to the manner of determining the scope of the tax and the tax base by relating these elements of the tax to the so-called significant digital presence of the digital sector enterprise in the territory of Poland. The amount of the tax rate (7%) also raises doubts. The introduction of a tax on certain digital services may also be associated with a decrease in income tax revenues of the state and local government budgets.

scholarly journals ANALYSIS OF SAMARA REGION TAX POTENTIAL BASED ON ECONOMIC ACTIVITIES

2020 ◽  
pp. 12-18
Author(s):  
V. Y. Anisimova ◽  
D. V. Yudakhina
Keyword(s):  
Economic Activity ◽  
Gross Regional Product ◽  
Economic Activities ◽  
Simple Method ◽  
Tax Revenues ◽  
Regional Product

The article is devoted to the analysis of Samara region tax potential in the context of the main types of economic activity. The analysis is based on one of the methods for tax potential assessment - a simple method based on the gross regional product. The analysis of tax revenues and tax liabilities related to the main types of economic activity was carried out.

scholarly journals Impact of Lithuanian tax reform to companies results

2014 ◽  
pp. 162-177
Author(s):  
Jovita Kalantaitė ◽  
Rasa Subačienė
Keyword(s):  
Income Tax ◽  
Social Insurance ◽  
Tax Reform ◽  
Shadow Economy ◽  
Value Added ◽  
Corporate Income Tax ◽  
Tax Revenue ◽  
Personal Income Tax ◽  
Excise Tax ◽  
National Budget

Global economic crisis reached Lithuania in 2008, as a response to ongoing economic downturn, the government of the Republic of Lithuania introduced tax reform. Analysis of factors determined by the tax reform will be presented in the article. However, main arguments will concentrate on evaluation of companies activities and results as business is one of the key pillars on which Lithuanian economy is built on: taxes form a significant part of individual company’s expenses and on the other side – taxes are a main stream of revenue for the national budget. The most significant taxes in overall national budget composition could be named as the following: personal income tax, social insurance taxes, value added tax, corporate income tax, excise tax and others. In relation to the global crisis tax income has decreased significantly in year 2009 and at the end of year 2012 has still not reached the level of year 2008. However, from the company’s perspective, employees related taxes are considered as most significant as they form almost a half of total taxes paid by companies. Decrease of taxes related to payroll (personal income tax, social insurance taxes) was followed by growth of unemployment, decrease on average salary and growth of the shadow economy. Drop in GDP, inflation and decline in sales made impact on decrease of tax revenue of value added tax, as shadow economy and reduced consumption of excisable goods influenced the value of excise tax revenue. The tax revenue of corporate income tax was influenced by decline of net profit and profitability, increased number of bankruptcy.

Assessment of contribution by corporate structures of the construction business to the economic development of territories

2020 ◽  
Vol 22 (5) ◽  
pp. 45-50
Author(s):  
SERGEY V. RAEVSKY ◽  
◽  
LYUBOV A. BELYAEVSKAYA-PLOTNIK ◽  
ANDREY A. ROMASHIN ◽  
◽  
...  
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Regression Models ◽  
Value Added ◽  
Gross Regional Product ◽  
Effective Management ◽  
Regional Administration ◽  
Regional Product ◽  
The Right ◽  
Selection Of

The article considers the development of methodology for assessing the contribution of corporate structures of the construction business to the economic development of territories. In the article, a specific theoretical approach is used, i. e. when choosing the instruments of regional administration, it is required to use precisely those, which with a minimum impact will lead to maximum effectiveness. When working on this hypothesis, appropriate estimates are used to assess the contribution of large corporate structures of the construction business to the creation of the Gross Regional Product with the usage of correlation- regression models. The adoption of effective management decisions to a large extent depends on the selection of the right areas of impact on those types of businesses that form the largest share of value-added. This approach allows us to highlight the tools to support the corporate structures of the construction business in developing the economic policy of the region.

scholarly journals To the Question of Determining the Budget-Forming Industry

2021 ◽  
Vol 12 (1) ◽  
Author(s):  
Lyudmila Kolbyagina ◽  
Anna Kireenko
Keyword(s):  
Standard Method ◽  
Economic Activity ◽  
Regional Level ◽  
Federal State ◽  
Gross Regional Product ◽  
Empirical Base ◽  
Tax Revenues ◽  
Tax Legislation ◽  
Regional Product ◽  
Regional Budgets

The article is devoted to the identification of the criterion, that allows to determine which industry can be referred to as a budget-forming one at the regional level. The empirical base of the study was formed by the data of Russian Federal State Statistics Service about the structure of gross regional product and by the data from the Federal Tax Service about the structure of tax revenues of the regional consolidated budgets by the type of the economic activity in 2017. The grouping of regions by the types of the economic activity is carried out using the standard method of multifactorial ranking. The structure of the gross regional product is revealed to be significantly different from the structure of the tax revenues of the regional budgets. It is proposed to define an industry as the budget-forming one if tax revenues from it form at least 15 % of the consolidated budget of the region. The application of this criterion shows that «Manufacturing» is the budget-forming industry in most of the regions. The offered criterion can be used to adjust the tax control directions and analyze the indicators of tax crime, it can help assess the consequences of tax legislation changes for the regional budgets.

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