Substantiating the Ways to Optimize the Tax System in Ukraine

Abstract

Reforming and optimizing the tax system today are among the priorities of socio-economic transformations in Ukraine, which are the most essential for the functioning of national business, the State and society as a whole. The article is aimed at substantiating the theoretical basis of optimization of the domestic tax system, which is a prerequisite for ensuring sustainable macro-economic development on the basis of efficient fiscal transformations. In the theoretic and methodical plane, the authors examine the positions of our country in some international rankings, which helped to determine the need to improve taxation in Ukraine. Based on the use of system approach, a set of measures that need to be taken to optimize Ukrainian tax system is proposed, which be an instrument to activate the development of national business, improve the investment climate, strengthen Ukraine’s position in the international economic arena and global rankings. The need to implement a reasonable and comprehensive reform of the tax system with a clear understanding of the macro-economic consequences of tax changes instead of separate occasional changes in the tax plane is determined. A promising direction of further research would be evaluating the impact of relevant tax initiatives in terms of the impact of tax changes on the economy, the State and provision of social interests.

Keywords

• tax
• tax system
• optimization
• reform
• tax burden
• taxation
• tax administration