Functions of the VAT, actual problems of administration

Value added tax (hereinafter – VAT), like other taxes, has certain functions, among which regulatory, incentive, fiscal functions are distinguished. Being an indirect tax assigned to one budget, VAT occupies a significant place in the tax revenues of the federal budget. The degree of performance of...

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Main Author: N. Z. Zotikov
Format: Article
Language:English
Published: Publishing House of the State University of Management 2023-03-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/4259
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author N. Z. Zotikov
author_facet N. Z. Zotikov
author_sort N. Z. Zotikov
collection DOAJ
description Value added tax (hereinafter – VAT), like other taxes, has certain functions, among which regulatory, incentive, fiscal functions are distinguished. Being an indirect tax assigned to one budget, VAT occupies a significant place in the tax revenues of the federal budget. The degree of performance of certain functions, including fiscal, depends on the level of tax administration of this tax. At the same time, the functions performed by the tax are closely interconnected: strengthening the stimulating function of the tax weakens the fiscal function and vice versa. The relevance of the research topic is due to the importance of VAT in the country’s budget system. The article analyzes the dynamics of tax revenues in general, including VAT, in comparison with the dynamics of Gross domestic product (GDP). the methods used in tax administration, including those not provided for by tax legislation are investigated. Taking into account world experience, measures are proposed to improve the tax calculation mechanism. The purpose of the study is to examine the impact of tax functions, tax administration on budget revenues.
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institution Kabale University
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publisher Publishing House of the State University of Management
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spelling doaj-art-56428a7b066148cabe8c7b5e1ecf1bef2025-02-04T08:28:15ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-03-010214615510.26425/1816-4277-2023-2-146-1552716Functions of the VAT, actual problems of administrationN. Z. Zotikov0Chuvash State University named after I.N. UlyanovaValue added tax (hereinafter – VAT), like other taxes, has certain functions, among which regulatory, incentive, fiscal functions are distinguished. Being an indirect tax assigned to one budget, VAT occupies a significant place in the tax revenues of the federal budget. The degree of performance of certain functions, including fiscal, depends on the level of tax administration of this tax. At the same time, the functions performed by the tax are closely interconnected: strengthening the stimulating function of the tax weakens the fiscal function and vice versa. The relevance of the research topic is due to the importance of VAT in the country’s budget system. The article analyzes the dynamics of tax revenues in general, including VAT, in comparison with the dynamics of Gross domestic product (GDP). the methods used in tax administration, including those not provided for by tax legislation are investigated. Taking into account world experience, measures are proposed to improve the tax calculation mechanism. The purpose of the study is to examine the impact of tax functions, tax administration on budget revenues.https://vestnik.guu.ru/jour/article/view/4259regulatory functionfiscal functionfederal budgettax ratestax deductionsreimbursement from the budgetgdptax administration
spellingShingle N. Z. Zotikov
Functions of the VAT, actual problems of administration
Вестник университета
regulatory function
fiscal function
federal budget
tax rates
tax deductions
reimbursement from the budget
gdp
tax administration
title Functions of the VAT, actual problems of administration
title_full Functions of the VAT, actual problems of administration
title_fullStr Functions of the VAT, actual problems of administration
title_full_unstemmed Functions of the VAT, actual problems of administration
title_short Functions of the VAT, actual problems of administration
title_sort functions of the vat actual problems of administration
topic regulatory function
fiscal function
federal budget
tax rates
tax deductions
reimbursement from the budget
gdp
tax administration
url https://vestnik.guu.ru/jour/article/view/4259
work_keys_str_mv AT nzzotikov functionsofthevatactualproblemsofadministration