TAX POLICY IN UKRAINE: CHALLENGES OF WAR TIME AND PROSPECTS FOR DEVELOPMENT

Abstract

The state's tax policy is one of the key elements of the national economic strategy, as it directly determines the parameters of the national economy and the level of public welfare. At the level of economic entities, tax policy is primarily focused on creating favourable conditions for the expansion of the domestic market, strengthening the competitive positions of domestic economic agents and stimulating entrepreneurial initiative. Tax policy reflects the chosen taxation system, the procedure for maintaining tax records, and also contains information that is important for corporate management and users of financial information — with the aim of controlling the completeness, accuracy and timeliness of tax calculations, analysing the tax burden and assessing its impact on the financial results of the enterprise. The article examines the concept of tax policy, which is a component of accounting policy that determines the rules for the formation of accounting and information support for the tax subsystem, and considers the specifics of the organisation of fiscal policy at the level of economic entities in the context of forming an effective management system in conditions of martial law. It has been proven that for systematic tax management, it is advisable to use a phased approach that includes three interrelated phases: preparatory, functional, and monitoring. The state of the state's tax policy in the context of full-scale war is considered, the problems of tax and legal regulation in Ukraine in the period under review and the measures taken by the state to stabilise the economy in wartime are presented. Ways to restore effective tax policy after the end of the war are presented, and a set of measures aimed at improving the efficiency of the tax system, combating tax evasion and stimulating economic activity is proposed. Prospects for further research may include the identification of innovative vectors for the development of tax strategy, conceptualisation and implementation of promising taxation systems in Ukraine.