Financial Markets, Institutions and Risks (FMIR)
Permanent URI for this collectionhttps://devessuir.sumdu.edu.ua/handle/123456789/61500
Browse
3 results
Search Results
Item The International Tax Competitiveness: Bibliometric Analysis(Sumy State University, 2021) Тютюник, Інна Володимирівна; Тютюнык, Инна Владимировна; Tiutiunyk, Inna Volodymyrivna; Mazurenko, O.This paper summarizes the arguments and counterarguments within the scientific discussion on the generalization of the main vectors of the tax competitiveness theory’s development. The main purpose of the article is to analyze and systematize the research of scientists on the formation of tax competitiveness of the country, to identify the relationship of tax competitiveness with other economic categories, to determine the most promising areas of research on this issue.Item The Influence of Tax Burden on the Profit of Banks in Conditions of Monopolistic Competition: Economic-Mathematical Modeling(Sumy State University, 2017) Mazloumfard, H.; Glantz, V.The article formalized the effect of income taxation of banks on the basic characteristics of their activities. The necessary actions to achieve this goal is developing an econometric model which involves maximizing the bank's total profit after tax, and variable interest rate on deposits and loans, as well as the tax rate on profit. The system of limitations are formed in solving the tasks, namely: summary of balance sheet assets must equal its liabilities; should be done legislatively established requirements for capital adequacy. The conducted study allowed to formalized the impact of the rate of tax on bank profits on deposit and lending rate, which is the basis for countercyclical tax regulation of banking activity by differentiating the rate of income taxation of banks depending on the phase of the economic cycle: at stages of recovery in order to contain the possible credit boom and the emergence financial imbalances should reduce the tax rate, given that this leads to an increase in the cost of loans and a decrease in demand for deposit other services due to cheapening of their value. At the downside, on the contrary, it is necessary to increase the rate of this tax in order to stimulate cheapening of credit resources and increase the value of deposits.Item The Relationship Between the Tax Burden and Financing Public Services: A Comparison of Ukraine and European Countries(Sumy State University, 2017) Самусевич, Ярина Валентинівна; Самусевич, Ярина Валентиновна; Samusevych, Yaryna Valentynivna; Shamaelh, A.The strategy of reforming the country’s tax system should consider the real effect that taxpayers receive in response to their tax payments, that is, the level of financing public services. The article formalizes the links between the tax burden and financing public services since multifactor dependencies using the panel regression method with fixed effects for Ukraine and 10 countries – its tax competitors (Bulgaria, Georgia, Latvia, Lithuania, Romania, the Czech Republic, Estonia, Slovakia, Moldova, Serbia). Based on the calculations, it was found that the existing level of tax burden in Ukraine is overstated, while the optimal level in 2012 was: 1) the total tax burden – 14.39-18.09% of GDP; 2) the burden on legal entities – 45.99-48.32% of the profits of enterprises; 3) the burden on individuals – 11.92-28.75% of wages. These values correspond to the actual amounts of government spendings on financing public services.