scholarly journals ЕФЕКТИВНІСТЬ ПОДАТКОВИХ ПІЛЬГ В РЕСПУБЛІЦІ БІЛОРУСЬ

2020 ◽  
pp. 65-73
Author(s):  
Ірина Анатоліївна Конончук ◽  
Ірина Олександрівна Пригодич ◽  
Олексанр Володимирович Києвич
Keyword(s):  
Tax Incentives ◽  
Theory And Practice ◽  
Government Support ◽  
Tax Burden ◽  
Negative Effects ◽  
Tax System ◽  
Distribution Of Resources ◽  
Tax Benefits ◽  
The Republic ◽  
Object Of Study

Formulation of the problem. The problems of applying tax benefits are one of the most controversial and controversial in the architecture of building the tax system of the state. The multifaceted perception of their need, focus, choice of priorities, implementation conditions, and other equally complex elements of the system of tax benefits has given rise to many questions that the theory and practice of taxation are not able to unambiguously answer. The purpose of the article is to study the features of the application of tax benefits in the Republic of Belarus, as well as to determine the effectiveness of their application. Object of study - features and practical procedures for the establishment of tax benefits in the Republic of Belarus. Methods used in the study. The use of the induction method allowed us to identify areas for improving the procedures for determining the effectiveness of the application of tax benefits. Research hypothesis. The negative trend in the effectiveness of tax incentives is partly due to limiting objective factors. Statement of the main material. The implementation of the economic function of taxes, the existence of which is indicated by the comprehensive nature of taxes, involves the use of leverage or tax benefits in various forms in the fabric of taxation. And despite the presence of many negative effects of tax benefits (a distorting effect on the distribution of resources, irrationality of the structure of the tax burden, an increase in tax administration costs), states actively use them as a tool for solving socio-economic problems. The huge number of benefits characteristic of the tax system of the Republic of Belarus provided for by various regulatory legal acts predetermined the need for their adjustment and assessment of their effectiveness. The article considers certain tax preferences that are provided in order to support and develop the country's priorities and areas of activity. Originality and practical value. The study of the peculiarities of special taxation regimes used by small and medium-sized businesses, agricultural organizations, allowed us to conclude that with low profitability of payers, the construction of tax relations based on them is not a condition for reducing tax obligations. Conclusions. To increase the efficiency of the simplified tax system from the standpoint of minimizing the tax burden on payers, it is proposed to reduce the existing tax rates. Comprehensive government support for the IT sector, including in the form of tax incentives, allowed HTP residents to significantly increase profitability and provide increased opportunities for their growth.

scholarly journals Tax incentives for industrial production in the system of public financial support

2021 ◽  
Vol 2 (98) ◽  
pp. 110-123
Author(s):  
O. O. Nepochatenko ◽  
◽  
P. K. Bechko ◽  
N. V. Lisa ◽  
S. A. Ptashnyk
Keyword(s):  
Industrial Production ◽  
Tax Incentives ◽  
World Market ◽  
Tax Credits ◽  
Theoretical Justification ◽  
Tax System ◽  
Industrial Enterprises ◽  
Analysis And Synthesis ◽  
Tax Benefits ◽  
Tax Holidays

The article provides a theoretical justification for tax incentives for industrial enterprises under market conditions of their activities. According to modern economic theory, which is the basis of the domestic tax system, the most effective are horizontal and vertical structures to stimulate industrial production, able to increase production and sales of its competitiveness in world markets, and businesses to operate on self-financing and self-sufficiency. A set of general scientific and special methods of scientific cognition was used to solve the tasks set in the process of research. Application of a systematic approach, methods of induction and deduction, analysis and synthesis, which made it possible to comprehensively and comprehensively consider the theoretical foundations of tax incentives for industrial enterprises, to determine the results of the application of horizontal and vertical organization of tax incentives. When systematizing the results of tax incentives for industrial enterprises, methods of scientific generalization, analysis and synthesis were chosen. Given the importance of tax incentives for industrial enterprises in modern conditions in the domestic tax system, there are a number of unresolved issues, which are essentially debatable on the theoretical justification of this problem and its practical solution aimed at increasing production and sales of industrial products, expanding markets. The results of the study show that horizontal tax incentives are more acceptable, as the situation on the world market is changing very quickly, and business needs certainty, provided that the state determines which segments of the national economy are a priority. The efficiency of tax holidays, preferential rates, investment tax credits and free trade zones are more promising for the development of industrial production at the horizontal level. With a vertical strategy for the development of industrial production, priority is given to export-oriented investment tax credits, in particular tariff or tax benefits, investment benefits. The proposed measures of tax stimulation of industrial production will stimulate the development of enterprises using the strategy of modernization of the production base through the renewal of fixed assets, the introduction of advanced advanced technologies, financing of scientific developments. These measures can ensure synergies, especially if the equipment to be purchased by industrial enterprises will be domestically produced.

scholarly journals The optimization procedure in the tax system, the processing organizations

2019 ◽  
Vol 81 (1) ◽  
pp. 357-365
Author(s):  
A. I. Khоrеv ◽  
G. V. Belyaeva ◽  
A. N. Polozova ◽  
R. V. Nuzhdin
Keyword(s):  
Low Cost ◽  
Optimization Procedure ◽  
Economic Benefits ◽  
Tax Burden ◽  
Tax System ◽  
Tax Legislation ◽  
Tax Management ◽  
Tax Benefits ◽  
Processing Organizations ◽  
Tax Payments

An effective process of tax management of processing organizations is the optimization of the tax system, which provides an increase in the mass of tax benefits of taxpayers. For food processing organizations, optimization procedures are of particular importance due to the high and ever-increasing tax burden on economic activity. It has been established that over the past eleven years, the tax burden of processing organizations increased 2.1 times, outpacing its growth rates in organizations of other types of activity by 2.3 times. These relationships are additional arguments in favor of the need to develop optimization procedures, taking into account the specific features of organizations of food production. Carrying out optimization procedures by system and deductive methods provides for the development of a program of relevant measures. As objects of program activities, it is advisable to choose those for which the current tax legislation provides for the greatest number of benefits, and which will bring tangible economic benefits to organizations. The main objects are taxes: income, property, VAT, personal income tax, since each category of these has optimization opportunities for calculating the tax base and reducing the mass of tax payments to the budgets of the respective levels. A brief, meaningful title has been formulated for each program event, the essence of which directly affects the magnitude of such elements of the taxation system as the taxable base, tax payment terms, organizational and methodological parameters for tax calculation, accounting registers of accounting tax policy and others. Detailed explanations are given on individual optimization measures with an indication of regulatory legal acts that allow using a particular benefit or opportunity in taxation practice, and also lists the basic conditions for the application of the recommendations made. Particular attention is paid to the rules of registration of primary documents, as basic accounting units that change during the implementation of specific recommendations. The introduction of the recommended program of optimization procedures into the practice of tax management has a real prospect due to the low-cost financial resources for their implementation, but it will significantly increase the level of tax solvency of the processing organizations.

scholarly journals Transformation of the taxation system and its influence on enterprise development in the Republic of

2011 ◽  
Vol 2 ◽  
Author(s):  
Furkat Bazarov
Keyword(s):  
Economic Growth ◽  
Small Businesses ◽  
Tax Burden ◽  
Tax Rates ◽  
Enterprise Development ◽  
Tax System ◽  
The Republic ◽  
Tax Changes ◽  
Taxation System ◽  
Small Business Taxation

The research studies impacts of new tax changes to the small businesses, unemployment and to economic growth in Uzbekistan. The study shows that the tax policy directed on perfection of tax mechanisms, reduction of tax rates aimed to raise economic efficiency of manufacturing and increasing individual income. As a result from year to year the tax burden is reduced and the taxation order becomes simpler. Empirical analysis shows that only for last seven years the general tax burden in economy was reduced with 40 to 27 percent. The author found problems existing in small business taxation and generalizes recommendations for simplification of tax system and tax administration. 

scholarly journals Problems of the tax system of the Republicof Kazakhstan and ways to solve them in the framework of optimizing the tax mechanism

2020 ◽  
pp. 141-146
Author(s):  
L. A. Omarbakiyev
Keyword(s):  
Statistical Data ◽  
Tax Burden ◽  
Tax System ◽  
Tax Legislation ◽  
Leading Position ◽  
Modern Economic ◽  
Optimal Coordination ◽  
The Republic ◽  
Characteristic Features ◽  
Tax Payments

The article is devoted to actual problems of functioning of the tax mechanism in the Republic of Kazakhstan. The author studies the characteristic features of the tax mechanism. Tax policy occupies a leading position in the field of state methods of influencing economic processes. Priorities for the development of the economy of any state are largely determined by the level of tax payments achieved, which are a consequence of the tax burden, in particular, its maximum permissible level in the conditions of modern economic policy and tax legislation. The modern tax system of Kazakhstan lacks a stimulating initiative, which in modern conditions of development should be implemented in the implementation of all tax functions - fiscal, distributive and regulatory. Based on the study of statistical data, the effectiveness of the tax mechanism and the tax system was determined. According to the author, the tax system should be based on optimal coordination of interests of all social groups of society - entrepreneurs, workers, civil servants, students, pensioners, etc. The author offers recommendations for a consistent reform of the tax system, implemented in the modern conditions of the economy of Kazakhstan. The aims of the state to determine the optimal limits of the tax burden will contribute to the development of production and create conditions for the growth of the national economy.

scholarly journals Tax conditions for doing business as a component of investment monitoring at the emerging financial market of China

2020 ◽  
pp. 51-56
Author(s):  
N. V. Pokrovskaia ◽  
N. S. Voronova
Keyword(s):  
Financial Development ◽  
Financial Market ◽  
Mainland China ◽  
Tax Incentives ◽  
Tax Burden ◽  
Tax System ◽  
The Past ◽  
Bank Deposits ◽  
Doing Business ◽  
The Russian Federation

We analyze the tax conditions for doing business in mainland China, taking into account the degree of financial market’s development for determining the main areas of tax support for financial development, as well as obstacles to it, generated by the tax system, relevant for the emerging financial market of the Russian Federation. We show that despite the low overall tax burden, the tax burden on the entrepreneurial sphere in the PRC is higher than the average in the countries with an emerging financial market. However, time to comply and number of payments in China have significantly decreased over the past decade and are relatively convenient for business. Special attention was paid to the country's financial development in tandem with the measures of tax incentives. We show that although the financial system of mainland China is based more on banks than on the stock market, the conditions for tax exemption of individual income are harmonized for bank deposits and securities, which equally stimulates the development of both sectors.

scholarly journals IMPROVING THE TAXATION OF ENTERPRISES IN UKRAINE BY TAKING INTO ACCOUNT THE INTERNATIONAL EXPERIENCE OF REFORMING TAX SYSTEMS

2021 ◽  
Author(s):  
Yuliia Ohrenych ◽  
◽  
Viktoriia Dibrova ◽  
Keyword(s):  
International Experience ◽  
Tax Burden ◽  
State Budget ◽  
Tax System ◽  
Electronic Documents ◽  
Advantages And Disadvantages ◽  
The Usa ◽  
Tax Benefits ◽  
Tax Payments ◽  
The Eu

The article is devoted to the study of the peculiarities of taxation of enterprises in Ukraine on the example of the postal company JSC "Ukrposhta", as well as the study of international experience of other countries in the taxation of enterprises. The paper investigates different approaches of scientists to the concept of "tax burden" and "tax system". The debt of Ukrposhta JSC to the state budget is considered and its financial indicators are analyzed, namely income from sales of products, equity and their dependence on the amount of tax burden. According to the research, the main financial and economic indicators that are most exposed to the tax burden were identified and recommendations were given on which indicator to pay attention to. The paper identifies the advantages and disadvantages of the tax burden, among which should be highlighted the amount of taxes paid to the budget, which should be monitored in order to increase investment in the country. Methods of stimulating enterprises to pay taxes and directing the tax burden to improve the investment climate in the country are also proposed. One of the most common methods of stimulating tax payments is the provision of tax benefits, but it also has its drawbacks. In this paper, the European experience of using the tax burden as an incentive to pay taxes was considered. Peculiarities of enterprise taxation in the EU and the USA are studied. The advantages and disadvantages of the tax system of Ukraine are analyzed and several areas of its improvement are proposed based on the experience of the EU and the USA. Hiding the income of enterprises is the main problem of the tax system of Ukraine and it is it that needs to be solved in the first place. Ways to stimulate the payment of taxes to the budget are proposed and methods of reforming the current tax system by taking into account international experience are considered. One of the proposed methods to improve the tax climate is the introduction of electronic reporting through the first Ukrainian application "Action", which collects all electronic documents of citizens. At present, this application is the only one in the world that combines so many electronic documents.

APPLICATION OF THE PATENT TAX SYSTEM (on the example of the Republic of North Ossetia – Alania)

2020 ◽  
Vol 4 (12) ◽  
pp. 92-98
Author(s):  
A. A. VANIEVA ◽  
◽  
L. A. BYAZROVA ◽  
S. O. DAUEVA ◽  
◽  
...  
Keyword(s):  
Small Businesses ◽  
Tax Burden ◽  
Tax System ◽  
The Republic ◽  
One Year ◽  
North Ossetia

One of the types of simplified taxation is the application of a patent for a certain type of activity, which is issued for a period to one year. This tax regime is used to support small businesses. At the same time, the taxpayer is exempted from paying a number of other taxes, and can calculate his tax burden in advance.

scholarly journals Conditions for the Acquisition of the Right to Compensation under the Bulgarian Legislation and Compliance with the Terms of Regulation (EC) № 883/2004

2016 ◽  
Vol 22 (2) ◽  
pp. 349-352
Author(s):  
Nikoleta Lazarova
Keyword(s):  
Social Security ◽  
Legal Framework ◽  
Theory And Practice ◽  
Social Security Systems ◽  
Security Systems ◽  
Eu Member States ◽  
The Social ◽  
The Republic ◽  
Object Of Study ◽  
The Right

Abstract This article is dedicated to the legal framework of the conditions for the acquisition of the right to compensation due to unemployment under the Social Security Code of the Republic of Bulgaria. Unemployment is one of the main problems of labour, making it the current object of study not only in the legal, but also in the economic theory and practice. In relation to the intended subject, Regulation (EC) № 883/2004 has also been scrutinized, as it presents rules for coordination of the national social security systems of the EU Member States.

scholarly journals The Impact of Globalization and International Tax Competition on Tax Policies

2020 ◽  
Vol 11 (4) ◽  
pp. 1
Author(s):  
Alla Sokolovska ◽  
Tetyana Zatonatska ◽  
Andriy Stavytskyy ◽  
Oleksii Lyulyov ◽  
Vincent Giedraitis
Keyword(s):  
Tax Competition ◽  
General Level ◽  
Tax Burden ◽  
Tax Rates ◽  
Negative Effects ◽  
Tax System ◽  
Association Agreement ◽  
International Tax Competition ◽  
International Tax ◽  
The Impact

The aim of the paper is to determine to what extent the strengthening of the transparency of the Ukrainian economy and its incorporation in international tax competition affects the tax policy of the country and the peculiarities of its tax system. In the study, the logical analysis of the direct and inverse relationship of changes in taxation with such manifestations of globalization, as the movement of capital and labor resources from Ukraine and to the country, is combined with an empirical (regression) analysis of the relationship between globalization and the main characteristics of the Ukrainian tax system. It is proved that the increase of incorporation of Ukraine in globalization processes, despite the reduction of taxes on the main factors of production, is accompanied by an increase in the general level of tax burden on the economy (tax rate). The above mentioned is a consequence of increase of other taxes, including excise, caused both by internal needs of Ukraine (conducting the policy of fiscal consolidation caused by large public debt, and increasing defense expenditures) and its international obligations (EU Association Agreement). The tax system in Ukraine is much stronger (about 25%) influenced by the general index of globalization in comparison with its subindex characterizing the economic component of globalization. Obviously, this is owing to the greater influence on taxation in Ukraine of other components of globalization such as political and social one. The results show that the growth of the globalization index is accompanied by rather expected effects such as reduction of corporate profit tax rates and personal income tax, transferring the tax burden from capital to labor and, to a greater extent, on consumption, improving business conditions in the context of tax payments, and specific increase in the general level of tax burden on the economy, significant losses of the state that is not so much from the reduction of tax rates as from the erosion of the tax base on income, which is the result of a combination of negative effects of external and internal factors; the threat of escalating the policy of low tax rates. It is recommended to the Ukrainian Government to focus increasingly on the tax evolution trends in post-socialist EU countries to strengthen Ukraine`s position in tax competition with this group of countries.

scholarly journals THE ROLE OF THE INVESTMENT CLIMATE IN SOLVING THE PROBLEM OF HUMAN RESOURCE FORMATION IN THE TAX SYSTEM OF THE REPUBLIC OF AZERBAIJAN

2021 ◽  
Vol 71 (4) ◽  
Author(s):  
Mammad Mammadov
Keyword(s):  
Human Resource Development ◽  
Human Resource ◽  
Corporate Culture ◽  
Investment Climate ◽  
Tax System ◽  
Long Run ◽  
Tax Benefits ◽  
The Republic ◽  
The Stability ◽  
Effective Use

The issue of creating a favorable tax environment in any country plays an important role in solving the problem of human resource development. Foreign investors are more interested in the stability and evolution of the tax system, which allows them to predict their activities in the long run, rather than tax benefits and privileges. The main purpose of the state investment policy is to ensure the renewal of fixed assets and the reconstruction of production through the application of scientific and technical achievements. The formation of a favorable investment climate, the effective use of attracted domestic and foreign investment resources in the priority areas of the national economy is one of the urgent problems of the Azerbaijani economy. Enterprises become increasingly aware that proper investment into human resources can have a significant impact on their performance, which of course also affects their competitiveness. The corporate culture exactly offers the greatest source of competitive advantage of enterprises. Continual adaptation to changing market conditions attracts businesses to invest their energy and finance to staff by improving their competencies.

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