THE ROLE OF THE CORPORATE INCOME TAX IN THE STATE BUDGET REVENUES OF UKRAINE

Olha Zamaslo

Abstract


The purpose of the article is to determine the trends of the functioning of the corporate income tax in the system of state revenue, assess its tax transformations, and determine the tax efficiency. On that basis, determining prospects of income tax in the national system of business entities taxation and developing proposals for improving the mechanism of taxation in Ukraine. Methodology. The theoretical and methodological base of scientific research of national and foreign scholars on the analysis of corporate income tax, official statistical data of the Ministry of Finance of Ukraine and State Fiscal Service of Ukraine. To ensure the authenticity and validity of the research results to the goal, the following methods are used: induction and deduction – during theoretical generalizations and conclusions; analogy method – when comparing the foreign experience of administration of corporate income tax; economics and statistics as methods of the macroeconomic situation of Ukraine analysing. Results. In the article, the corporate income tax is investigated. The macroeconomic situation in Ukraine is analysed. Reasonable steps for the further use of the European countries experience for Ukraine are founded. Practical implications. The results of this study can be used by state authorities in developing tax policy directions in Ukraine. Value/originality of the results is a complex theoretical and practical analysis of the corporate income tax in Ukraine. Further research should relate to the improvement of its own system of income taxation. In the process of its implementation, it is necessary to use the experience of European countries.

Keywords


state budget, corporate income tax, tax policy, tax incentives.

Full Text:

PDF

References


Podatkovyi kodeks Ukrainy [Tax Code Ukraine]. (2017, September 10). zakon5.rada.gov.ua. Retrieved from: http://zakon5.rada.gov.ua/laws/show/2755-17 [in Ukrainian].

Zakon Ukrainy «Pro vnesennia zmin do Podatkovoho kodeksu Ukrainy shchodo stavok okremykh podatkiv» [The Law of Ukraine «On amendments to the Tax Code of Ukraine regarding the rates of individual taxes»] (2013, December 19). zakon2.rada.gov.ua Retrieved from: http://zakon2.rada.gov.ua/laws/show/713-18 [in Ukrainian].

Sait Ministerstva finansiv Ukrainy [Site of the Ministry of Finance of Ukraine]. www.minfin.gov.ua. Retrieved from: http://minfin.gov.ua/ [in Ukrainian].

Sait Derzhavnoi fiskalnoi sluzhby Ukrainy [Site of State Fiscal Service of Ukraine]. www.sfs.gov.ua. Retrieved from: http://sfs.gov.ua/ [in Ukrainian].

Biudzhetnyi monitorynh. Analiz vykonannia biudzhetu za 2011-2016rr. [Budget monitoring. Analysis of budget execution for 2011-2016]. ibser.org.ua Retrieved from: http://ibser.org.ua/publications/monitoringcategories/richnyy [in Ukrainian].

Taxation trends in the European Union. (2016). ec.europa.eu. Retrieved from: http://ec.europa.eu/taxation_customs/business/economic-analysis-taxation/taxation-trends-eu-union/country-chapters_en [in English].




DOI: http://dx.doi.org/10.30525/2256-0742/2017-3-4-90-95

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.