Please use this identifier to cite or link to this item: https://essuir.sumdu.edu.ua/handle/123456789/80678
Or use following links to share this resource in social networks: Recommend this item
Title Corporate income tax: effectiveness in the context of public fiscal policy and entrepreneurship support
Other Titles International Journal of Economics, Business and Entrepreneurship
Authors Vasylieva, Tetiana Anatoliivna  
Vysochyna, Alina Volodymyrivna  
Таранченко, А.
ORCID http://orcid.org/0000-0003-0635-7978
http://orcid.org/0000-0001-9490-1026
Keywords державна фіскальна політика
public fiscal policy
податок на прибуток
income tax
підтримка підприємництва
entrepreneurship support
фіскальна ефективність
fiscal effectiveness
Type Article
Date of Issue 2018
URI https://essuir.sumdu.edu.ua/handle/123456789/80678
Publisher
License Copyright not evaluated
Citation Vasilyeva, T.A. Corporate Income Tax: Effectiveness in The Context of Public Fiscal Policy and Entrepreneurship Support [Текст] / T.A. Vasilyeva, A.V. Vysochyna, A. Taranchenko // International Journal of Economics, Business and Entrepreneurship. – 2018. - Vol.1, № 1. - P. 11-23. - DOI: 1.10.31023/ijebe.101.0002.
Abstract The article analyzes the approaches to the definition of the essence and quantitative assessment of the fiscal effectiveness of the income tax. According to the results of the study, it was found out that the fiscal effectiveness of the income tax can be estimated through the indicators of fiscal importance of the tax in the tax revenues of the state (consolidated) budget; tax burden of the tax (in relation to GDP); elasticity of income tax; effective tax rate and tax productivity, etc. The analysis of the dynamics of these indicators over the past few years in Ukraine has allowed us to confirm the low level of fiscal effectiveness and regulatory potential of this tax for Ukraine. One of the possible ways to improve the fiscal effectiveness of the income tax is to use indirect channels of influence, which are represented by the general state of the country's economic development, labor market efficiency, level of welfare of the population, investment attractiveness, and performance of enterprises. The empirical study of determining the most significant channels of influence on the indicators of fiscal effectiveness of the income tax has made it possible to find out: 1) growth of absolute amounts of income tax revenue can be achieved through the use of the investment channel, budget channel and labor market channel; 2) increase in the tax burden on income tax is contributed by the increase in the revenues of the Consolidated Budget, index of industrial producer prices and consumer price index, and increase of the employment rate, while the improvement of the indicators of the overall economic development of the state and investment climate leads to reduction of the tax burden; 3) increase in the fiscal significance of the income tax is contributed by the increase in growth rate of direct investment, level of employment and real wages. Thus, the analysis conducted allowed to identify the channels through which authorities can influence the fiscal effectiveness of the income tax.
Appears in Collections: Наукові видання (ННІ ФЕМ)

Views

China China
1
Germany Germany
1101525110
Greece Greece
1
Ireland Ireland
711233
Lithuania Lithuania
1
Netherlands Netherlands
122
Singapore Singapore
1893006196
Sweden Sweden
811
Ukraine Ukraine
685146181
United Kingdom United Kingdom
924619854
United States United States
1101525109
Unknown Country Unknown Country
1411569133
Vietnam Vietnam
1808

Downloads

Australia Australia
1
Cameroon Cameroon
1
Canada Canada
1
China China
7470695
France France
1
Germany Germany
7470696
Ireland Ireland
208537
Lithuania Lithuania
1
Netherlands Netherlands
1
Singapore Singapore
1893006197
Switzerland Switzerland
1
Turkey Turkey
1
Ukraine Ukraine
-522713830
United Kingdom United Kingdom
1
United States United States
1893006194
Unknown Country Unknown Country
1
Vietnam Vietnam
1

Files

File Size Format Downloads
Vasilyeva_public_fiscal_policy.pdf 484.2 kB Adobe PDF -1016518796

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.