ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

Fiscal Mechanism of Unshadowing of the Economy of Ukraine

Journal: Scientific Papers NaUKMA. Economics (Vol.3, No. 1)

Publication Date:

Authors : ; ;

Page : 8-13

Keywords : unshadowing; fiscal mechanism; fiscal transmission; taxes; fiscal impulse;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

Under current circumstances, the imperfect conditions of economic activity, which are formed in the country, have a significant influence on the macroeconomic situation. As a result, the economically unreasonable tax legislation, aimed at instantaneous replenishment of the budget, leads to an excessive tax burden on the real sector of the economy and the formation of its shadow segment. The use of shadow transactions to conceal the tax revenue is a manifestation of deeper processes of redistribution of the gross domestic product in favour of the shadow economy and requires active measures aimed at improving the tax system. The main objective of the article is to consider a way to improve the existing fiscal mechanism by identifying the main reasons for the implementation of shadow operations and the transmission features, as well as to determine the directions of increasing the influence of the fiscal mechanism on reducing the shadow sector of the economy.

Last modified: 2019-07-10 04:22:48