Olena P. Slavkova, Oksana I Zhilinska, Maksym Palienko
Effectiveness of Tax Policy of Ukraine: Evidence and Economy Implications
(original language – English)
https://doi.org/10.21272/mer.2020.87.11
The article deals with the peculiarities of the formation and implementation of tax policy in the country. The analysis of change of tax receipts to the state and local budgets is carried out. The role of tax payments in the economic development of the country is determined. The efficiency of the state tax policy in Ukraine is analyzed, its advantages and disadvantages are determined. The important role of tax payments in stimulating economic and social development is substantiated. The analysis of the elasticity of change of indicators of economic development of the country from the change of volume of tax receipts to the budget is carried out. The necessity of improving the existing policy of establishing, accrual, payment, and distribution of tax revenues as one of the most promising areas to stimulate economic growth is concluded.
Key words: tax policy, revenues, tax evasion, state budget, elasticity, economic development.
Placed in №1, 2020.
Affiliations:
Olena P. Slavkova, Dr. (Economics), Professor, Head of Public Management and Administration Department, Sumy National Agrarian University;
Oksana I. Zhilinska, Dr. (Economics), Professor, Vice Director for Research at Taras Shevchenko National University of Kyiv;
M. Palienko, PhD (Economics), University of Insubria, Como, Italy
Article text: download.