EFFECTIVE FUNCTIONING OF THE VAT IN UKRAINE

Анотація

Today again an ongoing debate as to whether it is advisable to preserve the value added tax (VAT) or replace it with another indirect tax. In particular, critics note the significant abuse of VAT and VAT evasion as well as problems with the administration of the tax.

Given the central role of VAT in the formation of state budget and intention to integration with the EU, where one of the essential prerequisites for membership is the availability of VAT in the tax system, the most appropriate approach, we believe, will improve administration VAT.