Evaluation of Taxable Capacity of an Administrative-Territorial Unit
The aim of the article is the revealing of the essence of taxability capacity of an administrative-territorial unit, further development of the methodological basis for assessing taxable capacity of local budgets in the context of fiscal decentralization. The typical domestic and foreign methodologi...
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| Format: | Article |
| Language: | English |
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PH "INZHEK"
2018-09-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2018-3_0-pages-191_200.pdf |
| _version_ | 1797330228727513088 |
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| author | Kaneva Tetiana V. |
| author_facet | Kaneva Tetiana V. |
| author_sort | Kaneva Tetiana V. |
| collection | DOAJ |
| description | The aim of the article is the revealing of the essence of taxability capacity of an administrative-territorial unit, further development of the methodological basis for assessing taxable capacity of local budgets in the context of fiscal decentralization. The typical domestic and foreign methodological approaches to defining taxable capacity and indicators of taxability of a budget are analyzed. The role of tax instruments in the development of territories is characterized as a system of fiscal mechanisms for pumping up, stimulating and / or restricting the budget, which are implemented in order to provide financial support for the development of relevant entities and the overcoming of their undesirable economic divergence. There proposed provisions for assessing taxable capacity of territories on the basis of an additive model that combines the capacity of local taxes and fees. The potential growth of revenues from personal income tax, tax on real estate other than land plots, land tax, rent, single tax is investigated. The implicit rate of the personal income tax in Ukraine and Kiev is estimated, some features and reasons for the differentiation of these values are determined. The features of the impact of the personal income tax in terms of proportional distribution between the state and local budgets are identified. The limits of growth of tax revenues to local budgets and factors influencing them are determined. The observance of the principles of continuity, complex adaptability, stability, and logical consistency for the purpose of harmonizing redistributive processes at the level of local budgets is proposed. The priority directions for increasing the level of taxability of the budgets of administrative-territorial units in the context of further institutional transformations of the domestic budget system are substantiated. |
| first_indexed | 2024-03-08T07:16:59Z |
| format | Article |
| id | doaj.art-ea085329cf6a44e2964e463dca3188ec |
| institution | Directory Open Access Journal |
| issn | 2222-0712 2311-1186 |
| language | English |
| last_indexed | 2024-03-08T07:16:59Z |
| publishDate | 2018-09-01 |
| publisher | PH "INZHEK" |
| record_format | Article |
| series | Problemi Ekonomiki |
| spelling | doaj.art-ea085329cf6a44e2964e463dca3188ec2024-02-03T00:50:46ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862018-09-01337191200Evaluation of Taxable Capacity of an Administrative-Territorial UnitKaneva Tetiana V.0Candidate of Sciences (Economics), Associate Professor, Dean, Faculty of Finance and Banking, Kyiv National University of Trade and EconomicsThe aim of the article is the revealing of the essence of taxability capacity of an administrative-territorial unit, further development of the methodological basis for assessing taxable capacity of local budgets in the context of fiscal decentralization. The typical domestic and foreign methodological approaches to defining taxable capacity and indicators of taxability of a budget are analyzed. The role of tax instruments in the development of territories is characterized as a system of fiscal mechanisms for pumping up, stimulating and / or restricting the budget, which are implemented in order to provide financial support for the development of relevant entities and the overcoming of their undesirable economic divergence. There proposed provisions for assessing taxable capacity of territories on the basis of an additive model that combines the capacity of local taxes and fees. The potential growth of revenues from personal income tax, tax on real estate other than land plots, land tax, rent, single tax is investigated. The implicit rate of the personal income tax in Ukraine and Kiev is estimated, some features and reasons for the differentiation of these values are determined. The features of the impact of the personal income tax in terms of proportional distribution between the state and local budgets are identified. The limits of growth of tax revenues to local budgets and factors influencing them are determined. The observance of the principles of continuity, complex adaptability, stability, and logical consistency for the purpose of harmonizing redistributive processes at the level of local budgets is proposed. The priority directions for increasing the level of taxability of the budgets of administrative-territorial units in the context of further institutional transformations of the domestic budget system are substantiated.http://www.problecon.com/export_pdf/problems-of-economy-2018-3_0-pages-191_200.pdftax potentialtaxabilityeffective tax ratelocal budgetfiscal decentralization |
| spellingShingle | Kaneva Tetiana V. Evaluation of Taxable Capacity of an Administrative-Territorial Unit Problemi Ekonomiki tax potential taxability effective tax rate local budget fiscal decentralization |
| title | Evaluation of Taxable Capacity of an Administrative-Territorial Unit |
| title_full | Evaluation of Taxable Capacity of an Administrative-Territorial Unit |
| title_fullStr | Evaluation of Taxable Capacity of an Administrative-Territorial Unit |
| title_full_unstemmed | Evaluation of Taxable Capacity of an Administrative-Territorial Unit |
| title_short | Evaluation of Taxable Capacity of an Administrative-Territorial Unit |
| title_sort | evaluation of taxable capacity of an administrative territorial unit |
| topic | tax potential taxability effective tax rate local budget fiscal decentralization |
| url | http://www.problecon.com/export_pdf/problems-of-economy-2018-3_0-pages-191_200.pdf |
| work_keys_str_mv | AT kanevatetianav evaluationoftaxablecapacityofanadministrativeterritorialunit |