PhD in Economics, Associate Professor at the Finance Department of Vinnytsia Institute of Trade and Economics of KNUTE
INDICATORS OF INSTITUTIONAL CHANGES IN THE TAX SYSTEM OF UKRAINE
Background. The current state of the social and economic development of Ukraine requires searching of new ways for the improvement of the current tax system. This will enable to achieve the improvement of the investment climate in the country, to simplify the tax system that is somewhat complicated for businesses and individuals, to improve the quality of the current taxes and fees administration system, to reduce corruption risks in the work of fiscal authorities, to reduce the tax burden on payers of taxes and fees.
The aim of the article is to reveal modern institutional changes in the tax system of Ukraine and to identify directions of its development in the future.
Materials and methods. Information base of the research relies on the materials of the State Fiscal Service of Ukraine, Ministry of Finance of Ukraine, State Treasury Service of Ukraine. Methods of analysis and synthesis were used for the determination of the institutional changes in the tax system of Ukraine. The analysis of the major innovations in the tax policy of Ukraine was performed on the basis of the systematic approach.
Results. The system changes in the tax system of Ukraine in recent years are disclosed. Results of institutional changes in the domestic tax system in the context of improving the business climate in Ukraine are shown. The problems and theirs solutions in the process of implementation of institutional changes in the domestic tax system caused by the inefficiency of work of the state fiscal authorities are determined. The most important institutional indicators characterizing the efficiency of work of the system of bodies of the State Fiscal Service of Ukraine during 2013-2015 years have been analyzed. Based on the research results, specific priority steps for the reformation of the State Fiscal Service of Ukraine are suggested and main directions of institutional changes of the modern tax system of Ukraine are grounded.
Conclusion. In the framework of implementation of the institutional reform of Ukraine's tax system it is necessary: to promote simplification of the business conduction; to improve the quality of administration; to provide the investment and reinvestment incentives in production as well as the technological renewal of fixed assets; to provide the transparency of VAT refund; to maximum eliminate opportunities for the VAT abuse on the part of the business; to resolve and settle the issues of taxation mechanism in the territory of the antiterrorist operation; to reduce the opportunities for the abuses by the officials of the State Fiscal Service of Ukraine.
Keywords: tax, tax system, institutional changes, fiscal authorities, tax policy, tax mechanism.