IMPROVEMENT OF VALUE ADDED TAX ADMINISTRATION -FACTOR IN MAINTAINING SUSTAINABILITY OF THE STATE BUDGET INCOME

2020 ◽  
Vol 5 (3) ◽  
pp. 21-26
Author(s):  
Mirzohid Kamilov ◽  
Keyword(s):  
Value Added ◽  
The State ◽  
Tax Administration ◽  
Value Added Tax ◽  
State Budget ◽  
Foreign Countries

In this article the directions for improvement of value added tax administration based on the experience of foreign countries are studied. Besides, problems at administration of the tax to the added cost in Uzbekistan have been revealed and scientific offers and recommendations for their decision are developed

scholarly journals Forecasting the economic effect from state stimulation of internal demand for automobiles

2020 ◽  
pp. 28-31
Author(s):  
Inna SHEVCHENKO
Keyword(s):  
Capital Investment ◽  
Effective Interaction ◽  
Economic Effect ◽  
Production Capacity ◽  
Value Added ◽  
The State ◽  
Economic Feasibility ◽  
Value Added Tax ◽  
State Budget ◽  
Stimulation Of

Effective interaction of the state with automobile manufacturers should be based on mutually beneficial conditions, and the result of such cooperation should have a concrete economic effect. Today Ukrainian automakers need the state support for stimulating the domestic demand for their products. The purpose of the paper is to forecaste the economic effect of state stimulation of internal demand for domestic automobiles. Results. The article tested the methodological tools for forecasting the economic effect of state stimulation of internal demand for domestic automobiles. Ukraine is characterized by a situation where the initial demand and the demand expected due to the state stimulation is less than the production capacity of automotive enterprises. This situation does not require additional capital investment in extensive expansion of production, but may require investment in the revitalization of fixed assets. The economic effect of the state stimulation of internal demand for domestic automobiles has been determined for the period 2020-2024, as for the automotive enterprises (PrAT “Promavtoinvest”, сorporation “Bogdan”, PrAT “Ievrokar”, PrAT “AvtoKrAZ”, PrAT “BAZ”, PrAT “Chasivoiarski avtobusy”, PrAT “Chernihivskyi avtozavod”, PAT “Cherkaskyi avtobus”) in the form of net profit, as well as for the state in the form of replenishment of the State budget as a result of payment by the automakers of the value added tax and the enterprises profit tax. In case of state stimulation of internal demand for domestic automobiles Ukrainian automotive enterprises will receive a total economic effect of 137.47 million UAH in the period 2020-2024. As a result of the state stimulation of internal demand for domestic automobiles in the period 2020-2024 automakers will be paid to the State budget 15613.60 million UAH, including 13618.31 million UAH in the form of value added tax and 1995.29 million UAH in the form of enterprises profit tax. Conclusion. The results of the research confirmed the economic feasibility of the state stimulation of internal demand for domestic automobiles in Ukraine.

scholarly journals Accounting for value-added tax at the enterprise: current state and ways of reform

2021 ◽  
Vol 20 (2(48)) ◽  
pp. 169-183
Author(s):  
L. O. Masina ◽  
А. Husiev
Keyword(s):  
Unsolved Problem ◽  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget ◽  
Basic Principles ◽  
Current State ◽  
Tax Reporting ◽  
Tax Accounting

The article studies the theoretical and methodological foundations of value-added tax accounting at the enterprise. The main stages of the accounting process related to the calculation and payment of value-added tax are considered. The basic principles of application of the system of accounting accounts in terms of value-added tax are determined. The current methodology for displaying value-added tax in financial and tax reporting is analyzed. The ways of reforming the accounting of value-added tax are proposed.             The relevance of the problem of accounting for value-added tax is due to the significant importance of this tax for the state budget, as well as the relatively complex methodology for its calculation. The main purpose of this article is to study the basics of the accounting process of the enterprise for value-added tax. The main unsolved problem of scientists is the lack of a unified concept regarding the reform of value-added tax accounting.

Value Added Tax and Fiscal Federalism in Ethiopia

2020 ◽  
Vol 28 (2) ◽  
pp. 147-170
Author(s):  
Wollela Abehodie Yesegat ◽  
Richard Krever
Keyword(s):  
State Government ◽  
Fiscal Federalism ◽  
Central Government ◽  
Value Added ◽  
Design Feature ◽  
The State ◽  
Tax Administration ◽  
State Governments ◽  
Value Added Tax ◽  
Legal Form

Crucial to the success of any federal state is the fiscal viability of the central government and component federal states. A feature common to most federal systems is the collection of greater revenues by the central government and reliance by states on transfers from the central government in addition to locally imposed taxes to fund budget expenditures. As is the case in many other federal jurisdictions, in Ethiopia the value added tax (VAT), a tax levied on business sales but ultimately borne by consumers, is an important source of central government revenue. As is also the case in many federal jurisdictions, an assignment of a portion of central government VAT revenues to states is one of the main sources of transfer payments by the central government to state governments in Ethiopia. However, the Ethiopian version of fiscal federalism differs significantly from that found in most other jurisdictions in three key design features – the division between the central and state governments of responsibilities to administer the VAT, the basis on which VAT revenues are divided between the central government and the state governments, and a peculiar design feature that results in tax collections by one state government to be offset by tax reductions suffered by another state government. All three features are cause for concern. The division of administrative responsibility undermines the goal of comprehensive uniform tax administration. The basis for division of tax revenues, a distinction built on the legal form of businesses, leads to assignments of VAT revenue unrelated to fiscal needs. And, most importantly, the odd design feature – the assignment of revenues from the VAT, intended to be a tax on consumers, to the state in which the seller is located rather than the state of the buyer – results in effective cross subsidies when businesses located in wealthier states sell goods and services to businesses operating in poorer states. This article provides a history of the Ethiopian regime and explores how the unique features of the Ethiopian fiscal federalism system arose. It suggests a system that divides revenue on the basis of a fiscal equalisation formula that divides VAT revenues on the basis of relative budget needs of states or a system that allocates revenue to the state in which the customer is located would yield a fairer outcome than the current system. It concludes with modernisation of the tax administration coupled with the adoption of a fiscal equalisation formula for distributing VAT revenues and a generous transitional system for transition to this regime would yield the optimal path going forward.

scholarly journals Value-added Tax Impact on the State Budget Expenditures and Incomes

2015 ◽  
Vol 34 ◽  
pp. 676-681 ◽  
Author(s):  
Iveta Hajdúchová ◽  
Mariana Sedliačiková ◽  
Igor Viszlai
Keyword(s):  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget

scholarly journals Estimating the fiscal and regulatory role of value added tax

2020 ◽  
Vol 67 (6) ◽  
pp. 129-136
Author(s):  
Z. Lobodina ◽  
A. Kizyma ◽  
L. Marushchak
Keyword(s):  
Low Income ◽  
Local Governments ◽  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget ◽  
Tax Rate ◽  
Fiscal Efficiency ◽  
The Impact

The impact of value added tax (hereinafter – VAT) on the socio-economic development of the state is investigated in this paper. Here it is considered as a tool of the mechanism of budgetary resources formation and regulation of taxpayers’ welfare and activities. It is determined that, in addition to the reduction of tax rate, the public authorities and local governments should provide favorable conditions for doing business, implement measures for anticorruption and market anti-monopoly. To compensate for the expences of budgetary resources occurring as a result of possible reduction in the value added tax rate, it is necessary to look for alternative sources of pumping up the state budget. Such situation could weaken Ukraine's competitiveness, increase distrust of potential investors, and deactivate attracting investments into the country's economy. In order to stimulate certain economic activities, to increase the volume or the level of availability of certain goods (services)consumption, the tax legislation provides certain preferences for value added tax, particularly – lowering the tax rate, tax exemptions, , tax credit, tax benefits. In addition, the regulatory impact of VAT as a financial instrument on the taxation system is revealed in this paper. The peculiarities of VAT administration in Ukraine and foreign countries are highlighted, the dynamics, tendencies of receipt and reimbursement of VAT in Ukraine are considered. The reasons for tax refund arrears are given and ways to improve VAT administration are proposed. Analysis of the assessment of VAT fiscal efficiency is carried out, the indicators of the assessment of this tax fiscal efficiency are determined. Despite the permanent increase in the absolute amount of this tax and its share in gross domestic product (hereinafter – GDP) and state budget revenues, the fiscal role of VAT is weakened due to such problems as regressive impact on low-income populations, tax evasion and minimization of tax liabilities, growth of volumes of VAT refunds at the expense of budgetary resource.

scholarly journals Tax Administration of VAT: Impact of Changes

2019 ◽  
Vol 62 ◽  
pp. 14001
Author(s):  
O.L. Mikhaleva ◽  
K.S. Pavlova ◽  
V.S. Charikov ◽  
D.V. Aseev
Keyword(s):  
Digital Technologies ◽  
Value Added ◽  
Digital Economy ◽  
The State ◽  
Tax Administration ◽  
Value Added Tax ◽  
Collection Rate ◽  
The Impact

The relevance of the issue examined is stipulated by the results of the conducted study of the term “tax administration” and analysis of the impact of changes in tax administration of value added tax (VAT). The purpose of this study is to investigate the impact of changes in tax administration on VAT efficiency and collection rate. Within the context of digital economy, the state implements measures to digitize VAT tax control in order to reduce its own tax risks. The solution of this issue is the development of tax administration using digital technologies. A study has been conducted in order to assess impact of changes in the tax administration on VAT efficiency and collection rate.

PROBLEMS OF CALCULATING THE VALUE ADDED TAX AND THE WAYS TO SOLVE THEM

2021 ◽  
pp. 7-12
Author(s):  
Marina V. Lvova ◽  
Anna L. Kuzmina
Keyword(s):  
Value Added ◽  
Federal Budget ◽  
The State ◽  
Necessary Condition ◽  
Tax Administration ◽  
Value Added Tax ◽  
Tax Legislation ◽  
Financial Interests ◽  
The One ◽  
Definition Of

This article reveals the main problems that arise when calculating the value added tax. The ways to solve the above-indicated problems are suggested. The concept of value-added tax is considered. The main errors in VAT calculation are revealed: incorrect calculation of the taxable object, unlawful tax deductions. The definition of the concept "paper VAT" is given. The necessary condition for the effective functioning of the tax system is revealed. Tax administration is impossible without a clear and well-functioning work of tax authorities on various levels. One of the main conditions for effective tax administration is inevitability of bringing to tax liability for persons who committed violations of tax legislation. The authors of the article compiled the table that reflects the problems of VAT calculating and the ways to solve them. These measures will make it possible to tighten the control actions of the tax authority and at the same time they will simplify the process of administering the value added tax. All this will make the organization's activities, on the one hand, transparent, and on the other hand, will influence the decline of the shadow economy sector as a whole. The relevance of the research topic is due to the fact that in modern conditions, creation of a solid financial system of the state is impossible without the system of effective tax control, which is designed to ensure the financial interests of the state while respecting the rights of taxpayers. VAT is one of the regulators in redistributing public goods and is one of the main and stable sources of the federal budget replenishment. That is why the issues related to the improvement of tax control organization in the field of VAT, the analysis of the effectiveness of the controlling tax authorities' functioning as well as identification of the ways to improve tax control, are very relevant.

scholarly journals Žiniasklaidos paramos politika Lietuvoje

2013 ◽  
Vol 63 ◽  
pp. 129-141
Author(s):  
Deimantas Jastramskis
Keyword(s):  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget ◽  
The Public ◽  
The Press ◽  
The Media ◽  
Support Policy ◽  
Media Organizations ◽  
Support Fund

Straipsnyje nagrinėjama valstybės paramos žiniasklaidos subjektams politikos raida 1991–2012 m. Remiantis priimtais teisės aktais nustatoma, kokia parama ir kokiais laikotarpiais per Spaudos, radijo ir televizijos rėmimo fondą ir mokesčių subsidijų būdu buvo teikiama žiniasklaidai Lietuvoje. Analizuojamaspaudos ir su ja susijusių paslaugų neapmokestinimo ir apmokestinimo bendrojo akcizo, pridėtinės vertės mokesčiu bei lengvatų taikymo problematika.Straipsnyje teigiama, kad palyginti dažni teisės aktų, susijusių su spaudos apmokestinimu pridėtinės vertės mokesčiu, keitimai ir kasmet skiriamos paramos žiniasklaidai iš valstybės biudžeto dydžio priklausymas nuo politinės daugumos valios parlamente rodo, kad išlaidų ir mokesčių subsidijų politika žiniasklaidos subjektų atžvilgiu 1991–2012 m. nebuvo tinkamai formuojama ir įgyvendinama.Pagrindiniai žodžiai: valstybė, politika, žiniasklaida, mokesčiai, parama, subsidijos, lengvatos.The media support policy in LithuaniaDeimantas Jastramskis SummaryThe article analyzes the development of state support policy for media organizations in Lithuania in 1991–2012. There are examined direct subsidies from the state budget and indirect subsidies such as value added tax exemption. The value added tax on press sales has changed several times. The exemption of the value added tax for periodicals was removed in 2009–2012. Media organizations receive state budget subsidies through the public body of the Press, Radio and Television Support Fund. The total amount of subsidies from the state budget changes every year. It depends on the political will of the Lithuanian Parliament. The article claims that the media support policy in Lithuania has not been consistent and effective.

scholarly journals Specific Features of Counteracting VAT Evasion: Experience of Ukraine and Foreign Countries

2020 ◽  
Vol 91 (4) ◽  
pp. 121-129
Author(s):  
N. S. Horobets
Keyword(s):  
Tax Evasion ◽  
Value Added ◽  
The State ◽  
Document Management ◽  
The European Union ◽  
Value Added Tax ◽  
Economic Activities ◽  
Economic Decision Making ◽  
Foreign Countries ◽  
Crime Types

The article is focused on determining specific features of counteracting VAT evasion in Ukraine and foreign countries. It has been found out that the presence of VAT in the tax system of any state is a prerequisite for such a state to become a member of the European Union and it is due to its broad tax base and more neutral impact on economic decision-making on investment and consumption issues. It has been noted that the joint search by the states for the ways to combat VAT evasion is due to the need to minimize the damage caused to the financial and economic interests of the state by such actions, to increase the efficiency of value added tax, to increase the competitiveness level of domestic producers, to stimulate priority economic activities in the state. The content of value added tax as an indirect tax in accordance with the provisions of scientific doctrine has been revealed. Specific features of legal and illegal (tax crime) types of VAT evasion have been studied. The list of the methods to evade value added tax in Ukraine and foreign countries has been provided. The specifics of general and special ways to counteract this action have been revealed. The emphasis has been placed on such methods of counteracting VAT evasion as enshrining legal liability for VAT evasion at the legislative level; exercising tax control over the entities that are registered as value added taxpayers; usage of electronic document management and other opportunities of the digital economy, which allows to identify risks in the activities of taxpayers during their initial registration, etc. It has been concluded that there is no unified approach to the implementation of counteraction to value added tax evasion by state-authorized agencies; and the emphasis has been placed on the feasibility of existence of a basic list of the methods to counteract value added tax evasion.

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