Development trends of local taxes in the system of local budgets in Ukraine
Loading...
Date
2020-01
Authors
Glushchenko, J. A.
Kozhalina, N,
Глущенко, Юлія Анатоліївна
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Description
Effective system of local self-government is a key to the successful development of a
democratic state. It should be aimed at ensuring the effective performance of functions
by the authorities, creating environment for obtaining quality services by citizens, and
introducing and expanding the system of local taxes.
Local taxes make the financial basis for the activities of local self-government bodies.
However, nowadays, the lack of their volume and revenue instability are considered as
a matter of national concern. Funding of state delegated powers, which is mainly due
to transfer payments, is characterized by the delayed receipt of revenues and the lack
of revenue in terms of targets, thereby creating problems with financing from local
budgets.
The article investigates the essentials of local taxation in the system of local budgets
in Ukraine. It also summarizes methodological approaches to determining the nature
of local taxes, clarifies their fiscal role in the local tax system and local budgets, and
analyzes the existing practice of formation and implementation of local taxes in local
budget revenues. Besides, prospective lines of improvement of the local taxation system are investigated and recommendations for its development are elaborated. Also,
the subject to reform of the system of tax and budgetary relations was substantiated;
changes in some administration mechanisms, the list expansion due to environmental
fees and strengthened control over the unshadowing of small and medium businesses
were offered.
Keywords
local self-government, decentralization, local budgets, taxes and fees, property tax, single tax