SPECIFICITY OF UKRAINE TAX SYSTEM AND POSSIBILITIES OF ITS ADJUSTMENT

Abstract

Purpose is to evaluation the formation, development and current state of Ukraine's tax system and justification of recommendations for possible ways of its modernization and improvement. Methodology of research. The system of methods and methodological approaches were used in the research process. In particular, were used: historical method (the study of the origin, formation and development of taxes and tax systems); monographic method (in determining the problem of theoretical-methodological and practical aspects of fiscal relations between the state and society); empirical method (in identifying trends in the tax system); method of induction (the study of empirical data and the justification of conclusions on the economic and social impact of the introduction of wealth tax). Findings. The theoretical and methodological problems and practical aspects of the development of tax system have been disclosed in the article. The thorough assessment of the tax system condition in the context of current economic and social realities has been conducted. The condition has been analyzed and systemic problems of the development of the tax system as a mechanism of relations between the state and society. Substantiated proposals for adjustments to the tax system by introducing a wealth tax. Author reveals that the wealth tax has a long history and scale. There is established that the wealth tax effectively operates in many countries. Originality. Author reveals that feasibility of introducing wealth tax to improve the tax system that will contribute to the qualitative improvement in the distribution of the tax burden. Practical value. The obtained results of the research help identify the effectiveness and usefulness of wealth tax. They can be used to substantiate strategic dominant of tax policy and the tax system building.