Tax regulation as a tool for socio-economic regulation of the economy

Abstract

The direction of the development vector of the state itself depends on the effectiveness of state regulation of tax policy, since tax regulation is an effective tool for rationalizing the use of resource potential, as the main problem of the economy, through the introduction of taxes in the area of resource use in economic or other activities. Thus, tax regulation is an indirect, targeted impact on the activities of business entities to influence the economic performance of the country. Tax regulation is one of the state’s instruments that influence the country’s economy, based on its goals, prospects and economic concept.