CURRENT ISSUES OF TAX INCENTIVES

Problem setting. The problem of incentive of useful for society behavior is one of the most important fundamental problem from theoretical and practical point of view. This problem studied by economy, law science, sociology and psychology. This article analyzes the problem of balancing between tax limitations and tax incentives, stated differently - between restrictive and stimulating components of tax nature. At present time, the state is interested in intensification of economic entities’ behavior. As bearers of tax duties, they are able to meet its needs for financial resources. Analysis of recent research and publications. Most studies in the chosen subject were conducted before the enactment of the Tax Code of Ukraine. Such economists as V.S. Zagorski, Yu.B. Ivanov, M.O. Kizim, A.V. Mikhaylovska and such lawyers as K.V. Andriyevskyy, D.V. Vinnitsa, L.K. Voronov, M.P. Kucheryavenko, S.G. Pepeliaev and N.I. Hymicheva studied abovementioned issue. Target of research. The subject of research are the rules of financial and tax law regulating legal relations in the field of taxation (General and special) on the territory of Ukraine. Article's main body. Tax incentives have both general characteristics and specific features. The latter include: 1) tax incentive conducted in the form of tax relations; 2) has its object; 3) is indirect; 4) tax incentives distinguished property and non-property element; 5) tax incentive is capable to provide the long term and the short term results; 6) the aim of such incentives is to carrying out usual and heightened legitimate activities of taxpayer; 7) conducting by legal means. Conclusions and prospects for the development. Tax incentive is an obliged subjects’ acquittance from tax obligations or reducing its scope; and subjects’ capacity expanding of the tax rights enforcement, such rights entitle for the actions that are concerned to the state. The approaches to determine the means of tax incentives are different on the both parts: scientists and legislators. Further researches of tax incentive means have potential. For today, this issue has no consensus solution.