The Efficient Governmental Tax Management as a Guarantee of a Sustainable Development of the Economy

The Efficient Governmental Tax Management as a Guarantee of a Sustainable Development of the Economy

Blog Article

The article carries out a ORG WHOLE SESAME SEED brief macro-economic analysis of modern economic transformations in Ukraine.An effective instrument for regulating the national economy is fiscal policy, which is based on the efficient governmental tax management.The article is aimed at evaluating the level of fiscal burden on the economic entities in Ukraine and substantiating the theoretical provisions of the introduction of anti-crisis levers of the governmental tax management of the State authorities.Unsustainable and shock-sensitive national economy has faced a number of challenges that, with the help of tax levers of influence, must be turned into opportunities for the long-term economic and sustainable social development of the country and the growth of well-being of its citizens.

The main thing in stabilizing the Ukrainian economy should be a rational strategic tax management, which, first of all, consists in the balanced anti-crisis tax management.Because tax optimization and, as a Tweed Sports Jackets result, reduction in the level of tax burden will contribute to the growth of productive employment, decrease of unemployment, increase of business activity, attraction of both the foreign and the domestic investment resources.Reform of tax legislation should be aimed at balancing the tax pressure on taxpayers and minimizing tax losses through tax breaks and illegal tax avoidance and evasion on the one hand, as well as supporting strategic activities, which are of importance for the country, on the other.The basis of a balanced and competent fiscal policy is a symbiosis of the interests of the State and taxpayers.

It is important for Ukraine, through a number of short-term tax measures, to help priority sectors of the national economy recover from the shock influences and the destructive processes caused by the global economic crisis and the pandemic.