Macroeconomic analysis and estimation of the state, trends, problems and prospects for development of the electronic administration system of VAT in Ukraine.

Abstract

The article deals with the current mechanism for collecting value added tax, taking into account the introduction of the system of electronic tax administration, which is regulated by the Tax Code of Ukraine. The role of this tax in formation of the revenue base of the budget in Ukraine is determined. The dynamics of the volume of VAT and budget revenues is established. It is concluded that the increase in revenues of the value added tax to the budget in the aggregate does not entail an increase in the tax burden on the payers, but is due, most likely, to inflationary processes, rather than an increase in real revenues. The analysis of the connection of inflation processes and changes in the volume of VAT revenues to the budget of Ukraine was carried out as well as the analysis of innovations associated with the functioning of the system of electronic administration of value added tax. Issues that arise in the process of electronic administration of value added tax are identified. Methods and mechanism of their elimination are presented.