Income tax for individuals: the mechanism of collection and source revenue budget of Ukraine.

Abstract

In the article and built the mechanism for collecting the tax to incomes of physical persons, which is based on the Tax code of Ukraine and the main elements of the tax system. It is proved that the tax system of Ukraine is characterized by instability and fiscal direction, while the regulatory function is developed. This is confirmed by the results of the study in particular revealed dynamic changes concerning determination of the tax rates in the process of formation of fiscal policy in Ukraine, the transition from a differentiated to a universal approach in determining rates. The modern mechanism of distribution of taxes to the budgets of different level, the dynamics of budget revenues and estimated fiscal indicators tax on income. Estimated proportion and income tax to the budget of Ukraine in dynamics, the calculated parameters that characterize the share of the tax to incomes of physical persons in structure of tax payments, in per cent of GDP, one person, one employee.