Abstract
The relevance of the issue examined is stipulated by the results of the conducted study of the term “tax administration” and analysis of the impact of changes in tax administration of value added tax (VAT). The purpose of this study is to investigate the impact of changes in tax administration on VAT efficiency and collection rate. Within the context of digital economy, the state implements measures to digitize VAT tax control in order to reduce its own tax risks. The solution of this issue is the development of tax administration using digital technologies. A study has been conducted in order to assess impact of changes in the tax administration on VAT efficiency and collection rate.
Highlights
Digitization of the Russian economics pervades the field of taxation as well
The use of state-of-art technologies makes it possible to get closer to real-time value added tax (VAT) tax administration
The purpose of this study is to investigate the impact the problems of tax administration of VAT
Summary
As digital technologies are introduced, tax control can be performed on a whole new level. The load on tax inspectors is reduced, making it possible to pay more attention to the tax administration itself. Over the time of the existence of VAT in the Russian tax system, a certain calculated procedure for this tax has been developed, and tax administration mechanism was formed. It is obvious that VAT’s dependency on tax deduction and refunding makes it vulnerable in terms of administration risks compared to other taxes. The relevant changes are made in the Tax Code of the Russian Federation as response to the main challenges of the digital economy. The use of state-of-art technologies makes it possible to get closer to real-time VAT tax administration
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