ROLE OF THE TAX SYSTEM IN THE DEVELOPMENT OF THE REGIONAL ECONOMICS

The following issues are discussed in the article: tax system and its importance in the development of the regional economic of the country, tax system and sustainable development of the regions, reforms of the self-governance and tax system reforms in Georgia, results of carried out reforms: problems and challenges. Evaluation of the influence of tax system on the development of regional economics, distribution of the incomes among the local budgets and definition of the tax income shares in the local budget receipt. In order to reach development of the economics of the country, such liberal tax system is needed, which will provide increase of activity in all fields of economics and will increase well-being of population. Therefore, aim of any country is creation of such flexible tax system, which will be easily adapted to the changeable economic situations and will be able in the concrete moment of time to foresee economic aims and tasks of the country. One of the main places in the process of the completion of economic functions of the state takes optimal distribution of financial resources, among separate fields and spheres of economic. The main condition for reaching economic increase is fulfilment of well thought-out tax politics, as it directly makes influence on the economic activity of economic subject. Stimulation of the economic activity will be followed by the increase of tax incomes of the budget, by increase of non-state investments, which will help to solve social and economic tasks that are in the region, connected with it tax politics, which is fulfilled by the regional government, local self-governance, is one of the sustainable means of economic increase.