Abstract
The process of the state budget revenues formation is accompanied by economic relations which are based on the withdrawal of a share of economic entities revenues in the form of direct and indirect taxes to the centralized fund for financial resources. The priorities of the state in fiscal policy and the level of economic development of society are determined through the level of the balance between revenues from direct and indirect taxes to the budget. The state has a significant impact on socio-economic growth, regulates macro- and microeconomic processes through taxes. Ukraine is currently at a rather complicated political and economic stage of development, which is accompanied by the tasks of sufficient and prompt filling the state budget to perform socio-economic functions. Indirect taxes occupy an important place in this process. They have the vast majority in the structure of tax revenues, that’s why the issue of studying its impact on the formation of the revenue side of the state budget and stimulating the economy is relevant. The article considers the issues of filling Ukraine's Budget through indirect taxes. The role of indirect taxes in the formation of budget revenues and its importance as a tool for state regulation of economic processes in society is proved. The directions to improve filling the budget through indirect taxes are determined.
Highlights
Introduction and MethodsPartsThe issue of indirect taxation has been considered for a long period and until the present day remains the subject of research by domestic and foreign scientists
The state, implementing the fiscal function, generates State budget revenues based on existing legislation mainly through the withdrawal of a portion of an income from natural person and juridical person entities through direct and indirect taxes, the main share of which is occupied exactly by indirect
Indirect taxes are consumption taxes, they are hidden in the price, so they are perceived by taxpayers more
Summary
Introduction and MethodsPartsThe issue of indirect taxation has been considered for a long period and until the present day remains the subject of research by domestic and foreign scientists. The dynamics of revenues from indirect taxes to the State Budget of Ukraine is gradually increasing. In European countries with developed market economies, the volume of revenues from indirect taxes, which include VAT, excise tax and customs duty in total budget revenues is about 15%.
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