TAX REGULATION OF COMPETITION IN THE REGIONAL MARKETS OF RESIDENTIAL REAL ESTATE IN UKRAINE
Journal Title: Економічний часопис Східноєвропейського національного університету імені Лесі Українки - Year 2018, Vol 3, Issue
Abstract
The article deals with the main components of the tax on residential property, which are defined by the Tax Code of Ukraine, analyzed the current trends of taxation of housing, a list of objects subject to taxation and the main changes in granting and receiving privileges when making a tax, the main disadvantages of the functioning of the tax on residential real estate and directions of their elimination were proposed, factors influencing the efficiency of the tax system as a whole and on its separate components were determined, an assessment was made according to I th tax on residential real estate in Ukraine is one of the main sources of local budgets and regional development. Particular attention is paid to the current transformational processes in the tax system of the country when writing an article. It is researched that at present Ukraine is one of the few countries in the world in which the real estate taxation system is in the early stages of development. In the direction of reforming the tax system, most measures focus on decentralizing budget revenues, as they will be able to provide local authorities with sufficient financial resources to achieve their goals. In the context of the implementation of regional fiscal policy, it has been substantiated that tax revenues account for a significant share in filling local budgets of Ukraine. However, given the volatile economic situation in the country, problems associated with the insufficient financial base of local budgets and their significant dependence on transfers from the state budget are becoming even more urgent. At this stage of reforming the tax system one of the most important areas is the formation of a new and effective mechanism for taxation of residential property. It should provide for the realization and adjustment of the fiscal potential of the housing tax.
Authors and Affiliations
Olena Strishnets, Petro Skrypchuk, Konstyantyn Pavlov, Iryna Shevchuk
Keywords
Related Articles
- EP ID EP410398
- DOI 10.29038/2411-4014-2018-03-38-44
- Views 123
- Downloads 0
Institutional Direction as a Research Tool Methodological Foundations Market
In the article the place and institutional changes in economy, it appears understanding of the institutional structure of the market, as a set of institutions and indicated the need for its reform. In addition, the autho...
Differentiation of Real Estate in an International Context
This article revealed the essence of the concept of «property». Investigated value of real estate. The essence of real estate as a separate economic category, during which the disclosed dual nature of its operation, emph...
PROBLEM ASPECTS OF IMPLEMENTATION OF THE QUANTITY COST TECHNIQUES BY «PREVENTION, APPRAISAL AND FAILURE» MODEL AT CONTRACTORS
At present, a quality costing method is not sufficiently widespread in the practice of Ukrainian enterprises, including contractors. This leads to an understanding of the existence of factors that restrain its applicatio...
Forecasting the state of waste disposal and recycling problems in Ukraine
The article deals with the main principles of waste management in Ukraine, analyzes the current state and existing problems of utilization and recycling of wastes, proposes directions for their solution, identifies the d...
Registration Politics: Basic Aspects
The analysis of normatively – legal acts of adjusting of registration politics of enterprise is conducted in the article. The article is devoted to theoretical substantiation of certain critical accounting policies, inve...