Issue №: 4 (66)
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.
TRANSPARENCY OF FISCAL RELATIONS AS A PREREQUISITE IN VAT ADMINISTRATION AND REFUND
SYNCHAK Viktor – Doctor of Economic Sciences, Professor, Professor of the Department of Finance, Banking, Insurance and the Stock Market, Leonid Yuzkov Khmelnytskyi University of Management and Law (29000, Khmelnytskyi, 8, St. Heroiv Maidan, e-mail: synchak@ukr.net).
YARMOLENKO Yurii – Candidate of Economic Sciences (29027, Khmelnytskyi, 33/1, St. Panasa Myrny, e-mail: uarmolen@ukr.net).
The research article emphasizes the peculiarities of the Value Added Tax (hereafter – VAT) mechanism functioning, which provides not only one-direction movement of funds to the budget, but also the reverse movement. Due to such a variety of fiscal relations, there is a doubling of interests for the state and value added tax payers. It is determined that in order to balance the interests of subjects of fiscal relations and ensure transparency in their relations, transparency in the processes of VAT administration and refund becomes particularly relevant. It is proved that the concept of tax transparency in relations between taxpayers and state financial bodies is considered by a significant part of the authors in the area of digital transformation aimed at introducing effective administration of tax revenues to maximize the filling of budget revenues with optimal administrative costs for administration processes. Reasons are given for the lack of a unified approach to the procedure for analysing the transparency of value added tax data generated on the basis of tax reporting submitted by business entities through the Single Window for Electronic Reporting automated system.
The amounts of budgetary refund of value added tax paid by VAT payers when importing goods into Ukraine are calculated. A correlation analysis was carried out and, on the basis of which the impact of paid «import VAT» on imported goods to Ukraine on the growth of budgetary refund in 2013–2022 was determined. It is substantiated that the amount of budgetary refund by 87% depends on the VAT paid during the customs clearance of imported goods to Ukraine, while other factors account for only 13%.
Argumentative issues were emphasized when grouping the analytical data on the performance of the State Budget of Ukraine on «internal VAT» less the entire amount of budget refund. It is proposed that the state financial bodies (the Ministry of Finance, the State Treasury, the State Tax Service of Ukraine) publish the amounts of budgetary refund by its types (export, import, domestic operations, combined refund), which will contribute to tax transparency and the quality of reports on the performance of the State Budget of Ukraine. It is substantiated that the names of VAT as a «tax on goods imported into the customs territory of Ukraine» and a «tax on goods (works, services) produced in Ukraine» are not debatable. It is proposed to change their names to a «value added tax on imported goods produced and sold in Ukraine».
The conclusions are drawn on the need for transparency aimed at providing access to information in the processes of VAT administration and refund in order to maximize the revenues of the State Budget of Ukraine while observing fair taxation and budget refund for the categories of taxpayers established by law.
1. Krysovatyi, A. (2023). Voienni realii fiskalnoho prostoru publichnykh finansiv Ukrainy [Military realities of the fiscal space of public finance of Ukraine]. Svit finansiv – World of Finance, 1 (74), 8–30 [in Ukrainian]. DOI: 10.35774/SF2023.01.008
2. Laiko, O.I., Umanets, T.V., Shlafman, N.L. (2021). Stratehichni napriamky zdiisnennia podatkovoho rehuliuvannia ekonomichnoho rozvytku v umovakh reform [Strategic directions for tax regulation of economic development in the context of reforms]. Ekonomichni innovatsii – Economical Innovations, 23, 1 (78), 155–125 [in Ukrainian]. DOI: https://doi.org/10.31520/ei.2021.23.1(78).115-125
3. Lupenko, Yu.O., & Tulush, L.D. (2020). Znyzhennia stavky PDV na prodovolchi tovary v Ukraini: mozhlyvosti ta dotsilnist [Reducing the VAT rate on food products in Ukraine: opportunities and feasibility]. Prodovolchi resursy – Food Resources, 14, 211–219 [in Ukrainian]. DOI: https://doi.org/10.31073/foodresources2020-14-22
4. Slavkova, A. (2023). Fiskalna ta rehuliuiucha rol nepriamykh podatkiv v Ukraini [Fiscal and regulatory role of indirect taxes in Ukraine]. Visnyk Khmelnytskoho natsionalnoho universytetu. Seriia: «Ekonomichni nauky» – Bulletin of Khmelnytskyi National University. Series: Economic Sciences, 5, 374–378, [in Ukrainian]. DOI: https://doi.org/10.31891/2307-5740-2023-322-5-59
5. Sokolovska, A.M., Rainova, L.B. (2020). Podatok na dodanu vartist: pidkhody do reformuvannia v Ukraini ta Yevrosoiuzi [Value added tax: approaches to reform in Ukraine and the European Union]. Ekonomika ta derzhava – Economy and the State, 8, 43–48, [in Ukrainian]. DOI: 10.32702/2306-6806.2020.8.43
6. Shyhun, M., & Zhuravel, A. (2023). Nova model administruvannia podatku na dodanu vartist [A new model of value added tax administration]. Perspektyvy rozvytku obliku, analizu ta audytu v konteksti yevrointehratsii – Prospects for the development of accounting, analysis, and audit in the context of European integration: Proceedings of the Eleventh International Scientific and Practical Conference, (pp. 153–156). Odesa: ONEU [in Ukrainian]. 7. Hrebelnyk, O. (2021). Mytna sprava [Customs] (5th ed.). Kyiv: Tsentr uchbovoi literatury [in Ukrainian].
8. Hutsul, I., & Krysovata, K. (2021). Prahmatyzm mytnoho rehuliuvannia spozhyvchoho rynku Ukrainy [Pragmatism of customs regulation of the consumer market of Ukraine]. Svit finansiv – World of Finance, 1(66), 237–248 [in Ukrainian]. DOI: 10.35774/sf2021.01.237
9. Ivanov, Yu.B., Tyshchenko, V.F., Naidenko, O.Ye. (2023). Customs and tax aspects of Ukraine’s economic integration into the EU [Mytno-podatkovi aspekty ekonomichnoi intehratsii Ukrainy do YeS]. Upravlinnia rozvytkom – Development Management, 21, 2, 29–37 [in Ukrainian]. DOI: 10.57111/devt/2.2023.20
10. Dubovyk, O.Yu. (2023). Problematyka vyznachennia mytnoi vartosti importnykh tovariv [Problems of determining the customs value of imported goods]. Naukovyi visnyk Odeskoho natsionalnoho ekonomichnoho universytetu – Scientific Bulletin of Odesa National Economic University, 1-2 (302-303), 59–64 [in Ukrainian].
11. Melnyk, L.Yu., Matros, O.M., Ratushna, O.P. (2023). Tsyfrovizatsiia v protsesi administruvanni podatkiv v Ukraini [Digitalization in the process of tax administration in Ukraine]. Efektyvna ekonomika – Efficient Economy, 1, 1–14 [in Ukrainian]. DOI: http://doi.org/10.32702/2307-2105.2023.1.1
12. Sviatash, S.V. (2018). Automation of tax accounting in the context of creating a tax information base for analysis and control [Avtomatyzatsiia podatkovoho rakhivnytstva u konteksti stvorennia podatkovoi informatsiinoi bazy dlia analizu ta kontroliu]. Vcheni zapysky Tavriiskoho natsionalnoho universytetu imeni V. I. Vernadskoho. Seriia: Ekonomika i upravlinnia» – Scientific papers of V.I. Vernadsky Taurida National University. Series: Economics and Management, 29 (68), 1, 102–108 [in Ukrainian]. 13. Pokataieva, O.V., & Kucherova H.Yu. (2015). Faktory svidomoi splaty: dosvid krain YeS [Factors of conscious payment: the experience of the EU countries]. Teoretychni i praktychni aspekty ekonomiky ta intelektualnoi vlasnosti – Theoretical and practical aspects of economics and intellectual property, 1(11), 47–52 [in Ukrainian].
14. Yarmolenko, Yu. (2023). Biudzhetne vidshkoduvannia PDV ta splata podatku na prybutok platnykamy podatkiv: realii voiennoho chasu [Budgetary VAT refund and payment of income tax by taxpayers: wartime realities]. Aktualni pytannia suchasnoi ekonomichnoi nauky – Actual issues of modern economic science: a collection of proceedings of the Sixth All-Ukrainian Scientific and Practical Conference, 05 December 2023, (pp. 373–374). Poltava: PSAU [in Ukrainian].
15. Statystychnyi zbirnyk Ministerstva finansiv Ukrainy. [Statistical compilation of the Ministry of Finance of Ukraine]. mof.gov.ua. Retrieved from: https://mof.gov.ua/uk/statistichnij-zbirnik [in Ukrainian].
16. Yarmolenko, Yu. (2023). Deiaki pytannia administruvannia ta vidshkoduvannia platezhiv z PDV importeram [Some issues of administration and refund of VAT payments to importers]. Financial Instruments of Regional Development: Collection of papers of the participants of the Ninth All-Ukrainian Scientific and Practical Internet Conference (27 October 2023), (pp. 68–69). Zhytomyr: Polissia National University [in Ukrainian].
17. Tsitska, N., Maletska, O., Myronchuk, Z. (2023). Otsinka podatkovykh platezhiv silskohospodarskykh pidpryiemstv u systemi napovnennia biudzhetu Lvivskoi oblasti [Assessment of tax payments of agricultural enterprises in the system of filling the budget of Lviv Region]. Ahrarna ekonomika – Agrarian Economics, 16, 1–2, 51–59 [in Ukrainian]. DOI: https://doi.org/10.31734/agrarecon2023.01-02.051 18. Biznes proty novykh metodiv zaborony eksportu zernovykh pry zablokovanykh PN [Business against new methods of banning the export of cereals with blocked TN]. news.dtkt.ua. Retrieved from: https://news.dtkt.ua/state/other/87283-biznes-proti-novix-metodiv-zaboroni-eksportu-zernovix-pri-zablokovanix-pn [in Ukrainian].
19. Informatsiia pro obsiahy vidshkoduvannia podatku na dodanu vartist z derzhavnoho biudzhetu [Information on the amount of refund of value added tax from the state budget]. tax.gov.ua. Retrieved from: https://www.tax.gov.ua/diyalnist-/vidshkoduvannya-pdchv/informatsiya-pro-obsyagi-vidshkoduvannya/ [in Ukrainian].
20. Kozlenko, M. Vidshkoduvannia PDV: z yakymy pytanniamy naichastishe zishtovkhuietsia biznes. Chy pokrashchylasia sytuatsiia dlia biznesu iz vidshkoduvanniam PDV? [VAT refund: the issues most often faced by business. Has the situation with VAT refund improved for business?]. epravda.com.ua. Retrieved from: https://www.epravda.com.ua/columns/2023/06/12/701062 [in Ukrainian].
21. Publichnyi zvit Holovy Kaznacheistva Tetiany Sliuz pro pidsumky diialnosti Derzhavnoi kaznacheiskoi sluzhby Ukrainy za 2022 rik [Public report of Tetiana Sliuz, Head of the Treasury, on the results of the State Treasury Service of Ukraine for 2022]. treasury.gov.ua. Retrieved from: https://www.treasury.gov.ua/storage/app/uploads/public/602/e70/9da/602e709dae01f830118968.pdf [in Ukrainian].
About journal
051 Economics
071 Accounting and taxation
072 Finance, banking and insurance
073 Management
075 Marketing
076 Business, trade and exchange activities
241 Hotel, restaurant and catering
281 Public administration
The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine".
The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281
(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).
The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)
The journal “Economy, finances, management: Topical issues of science and practice” is indexed in such database as Index Copernicus Value (https://journals.indexcopernicus.com/search/form)
The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.
The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.
Objectives of the journal:
- publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
- expanding partnerships with international scientific publishing organizations;
- enhancing the culture of reviewing and annotating published material;
- adherence to editorial ethics.
Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.
The cost of printing one page in professional editions of the university is 60 UAH.
An additional copy of the magazine with the mailing list costs 250 UAH.
Recipient: Vinnytsia National Agrarian University MFO 820172 Current account No. 31256282102055 Code 00497236 Bank State Treasury Service of Ukraine, Kyiv. VAT payer code 004972302286. Registration number 100271744. Purpose of payment: for printing an article in the journal: ”Economy, finances, management: Topical issues of science and practical activity "
It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.
From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)
The journal is the successor to the edition ”Collection of Scientific Papers of Vinnytsia National Agrarian University. Series: Economic Sciences. "
