ANALYSIS OF SOCIO-ECONOMIC IMPLICATIONS OF VALUE ADDED TAX REFORMING

Abstract

In the conditions of steadily developed structure of tax budget revenues the problem of VAT collecting is becoming strategically significant for implementation of federal economic and social programs. The perspective approaches to the prevention of VAT evasion are considered in the presented paper; an assessment of socially – economic impact of modification of VAT rate is given; possibilities of changing of VAT basic elements and modification of the mechanism of calculation and payment of the VAT for the purpose of maintaining its functionality and its basic advantage as one of the main sources of tax budget revenues are analyzed; offers concerning changing of ratio for distributing income from VAT payment between various levels of the budgetary system of the Russian Federation are represented.