Round table “Strategic priorities of tax policy at the current stage of development”

On October 17, as part of the University Days, a round table of the scientific and practical circle “Tax space” of the Department of Financial Management was held (leader – Associate Professor Olga Sych).
Students of the first bachelor’s and second master’s degrees of the “Finance, Customs and Tax Affairs” and “Financial Management” educational programs took part in the event. The round table was about the current challenges facing the tax system of Ukraine in the conditions of martial law and the prospects of reforming the tax policy in modern realities.
Abstracts of reports were prepared under the guidance of the department’s teachers, which highlighted modern trends in tax regulation and administration, outlined the features of digitalization of tax relations. Considerable attention was paid to specific taxes and fees, their current state and prospects for the performance of fiscal and regulatory functions as part of the toolkit of state regulation of economic processes.
The reports of Diana Bilas “Prospects of transformation of real estate tax and transport tax”, Dmytro Zakharchenko’s “Sources of financing budget expenditures under martial law” and Yaryna Tsvilyuk’s “Payment of personal income tax in Lviv” were actively discussed. The participants of the round table described the dynamics and structure of tax revenues in in terms of taxes, noted the growth of non-tax revenues and the dependence of the budget on debt financing. The question of the introduction of tax benefits and simplifications for the period of martial law turned out to be debatable, there were proposals to reduce the number of benefits against the background of improving control over the payment of taxes and keeping high-quality records of taxpayers.
At the end, the students discussed the advantages and disadvantages of introducing a tax on withdrawn capital in Ukraine as an alternative to the corporate income tax. Involvement of student youth in scientific research contributes to high-quality and in-depth assimilation of professional knowledge and forms critical thinking skills, the ability to work with information and reasonably express one’s opinion. We thank all the participants of the round table and the authors of the reports for their active participation and interest in tax topics!