Problems and Ways to Improve the System of Direct Taxation in Ukraine
Tax revenues are one of the main sources of formation of budget revenues, while direct taxes are always playing the important role. In the structure of tax revenues of Ukraine, such taxes are smaller in amount than indirect ones, but they are considered the most fair, because they allow to shift the...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2019-12-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | https://www.business-inform.net/export_pdf/business-inform-2019-12_0-pages-325_331.pdf |
| _version_ | 1828758360960270336 |
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| author | Sadovenko Maryna M. Ariienchuk Anastasiia M. |
| author_facet | Sadovenko Maryna M. Ariienchuk Anastasiia M. |
| author_sort | Sadovenko Maryna M. |
| collection | DOAJ |
| description | Tax revenues are one of the main sources of formation of budget revenues, while direct taxes are always playing the important role. In the structure of tax revenues of Ukraine, such taxes are smaller in amount than indirect ones, but they are considered the most fair, because they allow to shift the main tax burden on the wealthier segments of the population, having a direct dependence on the level of the payer’s income. The use of direct taxes is one of the economical methods of management and ensuring the relationship of national interests with the interests of economic entities and the population, but the low level of tax culture, imperfection of fiscal legislation and a tax mechanism not tuned up reduce revenues to an already scarce budget. Therefore, taking into account today’s realities, the problem of building a perfect and efficient system of direct taxation becomes especially urgent. The article is aimed at analyzing direct taxes, their role in the formation of budget revenues, as well as defining shortcomings and ways to improve direct taxation in Ukraine. The dynamics of receipts of major direct taxes to the Consolidated Budget of Ukraine are analyzed. The problems and shortcomings of individual budget-forming taxes are allocated. The relevance of direct tax reform is substantiated. The authors recommend ways to improve the direct tax system with regard to: the institutional taxation environment; eliminating inaccuracies in the algorithms of defining tax base; introducing a complex progression in the taxation of personal income; minimizing tax preferences; gradual reduction of the tax burden on the country’s economy; improving the fiscal efficiency of taxes by expanding the tax base, abolishing conventions on avoiding double taxation with offshore zones; improving the system of administration; reforming the State tax service and so on. |
| first_indexed | 2024-12-11T00:40:38Z |
| format | Article |
| id | doaj.art-caabc6e4c29c4167ae9522f3431cb58e |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-12-11T00:40:38Z |
| publishDate | 2019-12-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-caabc6e4c29c4167ae9522f3431cb58e2022-12-22T01:26:57ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2019-12-011250332533110.32983/2222-4459-2019-12-325-331Problems and Ways to Improve the System of Direct Taxation in UkraineSadovenko Maryna M.0https://orcid.org/0000-0002-3599-8339Ariienchuk Anastasiia M. 1Kryvyi Rih Economic Institute of the Kyiv National Economic University named after Vadym HetmanKryvyi Rih Economic Institute of the Kyiv National Economic University named after Vadym HetmanTax revenues are one of the main sources of formation of budget revenues, while direct taxes are always playing the important role. In the structure of tax revenues of Ukraine, such taxes are smaller in amount than indirect ones, but they are considered the most fair, because they allow to shift the main tax burden on the wealthier segments of the population, having a direct dependence on the level of the payer’s income. The use of direct taxes is one of the economical methods of management and ensuring the relationship of national interests with the interests of economic entities and the population, but the low level of tax culture, imperfection of fiscal legislation and a tax mechanism not tuned up reduce revenues to an already scarce budget. Therefore, taking into account today’s realities, the problem of building a perfect and efficient system of direct taxation becomes especially urgent. The article is aimed at analyzing direct taxes, their role in the formation of budget revenues, as well as defining shortcomings and ways to improve direct taxation in Ukraine. The dynamics of receipts of major direct taxes to the Consolidated Budget of Ukraine are analyzed. The problems and shortcomings of individual budget-forming taxes are allocated. The relevance of direct tax reform is substantiated. The authors recommend ways to improve the direct tax system with regard to: the institutional taxation environment; eliminating inaccuracies in the algorithms of defining tax base; introducing a complex progression in the taxation of personal income; minimizing tax preferences; gradual reduction of the tax burden on the country’s economy; improving the fiscal efficiency of taxes by expanding the tax base, abolishing conventions on avoiding double taxation with offshore zones; improving the system of administration; reforming the State tax service and so on.https://www.business-inform.net/export_pdf/business-inform-2019-12_0-pages-325_331.pdfdirect taxespersonal income taxcorporate income taxtax rat |
| spellingShingle | Sadovenko Maryna M. Ariienchuk Anastasiia M. Problems and Ways to Improve the System of Direct Taxation in Ukraine Bìznes Inform direct taxes personal income tax corporate income tax tax rat |
| title | Problems and Ways to Improve the System of Direct Taxation in Ukraine |
| title_full | Problems and Ways to Improve the System of Direct Taxation in Ukraine |
| title_fullStr | Problems and Ways to Improve the System of Direct Taxation in Ukraine |
| title_full_unstemmed | Problems and Ways to Improve the System of Direct Taxation in Ukraine |
| title_short | Problems and Ways to Improve the System of Direct Taxation in Ukraine |
| title_sort | problems and ways to improve the system of direct taxation in ukraine |
| topic | direct taxes personal income tax corporate income tax tax rat |
| url | https://www.business-inform.net/export_pdf/business-inform-2019-12_0-pages-325_331.pdf |
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