ON TAX INCENTIVES FOR BUSINESS IN UKRAINE DURING THE RUSSIAN MILITARY INVASION

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Аbstract. The article is devoted to the problems of tax stimulation of economic activity of economic entities of Ukraine due to the introduction of martial law. The purpose of the study is to assess the tax policy of Ukraine, which is implemented as a result of changes and additions to the tax legislation. A timely and effective policy is designed to directly influence the stability of the economic activity of business entities, even in conditions of russian aggression. Thanks to a detailed analysis of scientific works devoted to this issue, the definition of «tax incentives» is clarified, its role in the development of economic activity of Ukraine in general and its impact on the financial condition of economic entities in particular is investigated. A number of decisions of the Ukrainian government that contribute to the improvement of tax incentives for economic activity by the state are considered, the advantages and consequences of these decisions for business are determined. It is noted that during the martial law the government introduced laws and regulations that significantly reduce the tax burden on business entities. However, it is also necessary to pay attention to the temporary nature of these measures due to their unprofitability in terms of state budget formation. These measures were introduced by the government solely for the purpose of supporting and sustainable development of the economy. The author also singled out those legal acts that directly relate to tax incentives and were adopted or underwent significant changes during the full-scale Ukrainian-Russian war. In particular, the advantages, disadvantages and consequences of innovations in tax legislation for both business and the country are presented. Also, the tax benefits specified in the updated legal acts and related to the single tax payers in terms of its accrual were assessed. The advantages of the simplified taxation system for single tax payers of the third group, as well as the conditions for the transition of business entities from the general to the simplified taxation system are considered. The peculiarities of the activities of the subjects of this group, some restrictions, as well as the nuances of the transition are emphasized. The peculiarities of payment of land tax and rent on land owned by the state or municipalities were established. It is noted that currently the environmental tax, tax and real estate other than land have been abolished, if the objects subject to taxation are located in the zone of active hostilities and in the territories that were returned during the counter-offensive of the Armed Forces of Ukraine, as well as in the temporarily occupied territories. Keywords: tax revenues, business entities, economic activity, taxes, tax legislation, martial law.