ORGANIZATIONAL AND LEGAL ASPECTS OF TAXATION OF ECONOMIC ACTIVITY OF INDIVIDUAL ENTREPRENEURS IN UKRAINE: RETROSPECTIVE, PRESENT, FUTURE

The article deals with the topical issues of taxation of individual entrepreneurs in the current economic environment. The relevance of this article is related to the fact that small business performs an important socio-economic function, since it not only provides itself with work, but also creat...

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Main Author: Valerii О. Tsymbal
Format: Article
Language:deu
Published: Alfred Nobel University 2024-06-01
Series:Alfred Nobel University Journal of Law
Subjects:
Online Access:https://law.duan.edu.ua/images/PDF/2024/1/8.pdf
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author Valerii О. Tsymbal
author_facet Valerii О. Tsymbal
author_sort Valerii О. Tsymbal
collection DOAJ
description The article deals with the topical issues of taxation of individual entrepreneurs in the current economic environment. The relevance of this article is related to the fact that small business performs an important socio-economic function, since it not only provides itself with work, but also creates jobs, and fills the revenue side of budgets and extra-budgetary funds. The purpose of the article is to examine the peculiarities of taxation of economic activities of individual entrepreneurs at the current stage and to determine the nearest prospects. To this end, the author analyses the legal framework for taxation of economic activities of individual entrepreneurs. The article provides a detailed analysis of the general and simplified taxation system for individual entrepreneurs. The advantages and disadvantages of both the general and simplified systems of taxation of activities of individual entrepreneurs are identified. The main factors that affect the size of the tax burden of individual entrepreneurs depending on the chosen taxation group are identified. The advantages and disadvantages of choosing a particular group of single tax payers by individual entrepreneurs are considered. Given the current conditions of functioning of individual entrepreneurs related to the full- scale war, the author examines what legislative changes have taken place in the field of taxation of individual entrepreneurs in 2022-2023. Based on the analysis of certain provisions of the National Revenue Strategy 2030 programme presented by the government which relate to the activities of individual entrepreneurs, certain assumptions are made regarding changes in the taxation of small businesses. The author makes a general conclusion that taxation of economic activities of individual entrepreneurs is of great importance for stimulating entrepreneurship and economic development of the country, especially in the context of martial law, when a significant part of the country's production capacities has been destroyed. However, in order to stimulate the development of small business, which is expected to become the engine of the Ukrainian economy in the coming years, it is necessary to take balanced steps that take into account the specifics of doing business in Ukraine.
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spelling doaj-art-2c2d6c1cdfc64a2084e161b0478c75bb2024-12-03T08:24:18ZdeuAlfred Nobel UniversityAlfred Nobel University Journal of Law3041-22183041-22262024-06-0118657410.32342/2709-6408-2024-1-8-7ORGANIZATIONAL AND LEGAL ASPECTS OF TAXATION OF ECONOMIC ACTIVITY OF INDIVIDUAL ENTREPRENEURS IN UKRAINE: RETROSPECTIVE, PRESENT, FUTUREValerii О. Tsymbal0European UniversityThe article deals with the topical issues of taxation of individual entrepreneurs in the current economic environment. The relevance of this article is related to the fact that small business performs an important socio-economic function, since it not only provides itself with work, but also creates jobs, and fills the revenue side of budgets and extra-budgetary funds. The purpose of the article is to examine the peculiarities of taxation of economic activities of individual entrepreneurs at the current stage and to determine the nearest prospects. To this end, the author analyses the legal framework for taxation of economic activities of individual entrepreneurs. The article provides a detailed analysis of the general and simplified taxation system for individual entrepreneurs. The advantages and disadvantages of both the general and simplified systems of taxation of activities of individual entrepreneurs are identified. The main factors that affect the size of the tax burden of individual entrepreneurs depending on the chosen taxation group are identified. The advantages and disadvantages of choosing a particular group of single tax payers by individual entrepreneurs are considered. Given the current conditions of functioning of individual entrepreneurs related to the full- scale war, the author examines what legislative changes have taken place in the field of taxation of individual entrepreneurs in 2022-2023. Based on the analysis of certain provisions of the National Revenue Strategy 2030 programme presented by the government which relate to the activities of individual entrepreneurs, certain assumptions are made regarding changes in the taxation of small businesses. The author makes a general conclusion that taxation of economic activities of individual entrepreneurs is of great importance for stimulating entrepreneurship and economic development of the country, especially in the context of martial law, when a significant part of the country's production capacities has been destroyed. However, in order to stimulate the development of small business, which is expected to become the engine of the Ukrainian economy in the coming years, it is necessary to take balanced steps that take into account the specifics of doing business in Ukraine.https://law.duan.edu.ua/images/PDF/2024/1/8.pdfgeneral taxation systemsimplified taxation systemgroupsingle taxsingle social contributionminimum wage
spellingShingle Valerii О. Tsymbal
ORGANIZATIONAL AND LEGAL ASPECTS OF TAXATION OF ECONOMIC ACTIVITY OF INDIVIDUAL ENTREPRENEURS IN UKRAINE: RETROSPECTIVE, PRESENT, FUTURE
Alfred Nobel University Journal of Law
general taxation system
simplified taxation system
group
single tax
single social contribution
minimum wage
title ORGANIZATIONAL AND LEGAL ASPECTS OF TAXATION OF ECONOMIC ACTIVITY OF INDIVIDUAL ENTREPRENEURS IN UKRAINE: RETROSPECTIVE, PRESENT, FUTURE
title_full ORGANIZATIONAL AND LEGAL ASPECTS OF TAXATION OF ECONOMIC ACTIVITY OF INDIVIDUAL ENTREPRENEURS IN UKRAINE: RETROSPECTIVE, PRESENT, FUTURE
title_fullStr ORGANIZATIONAL AND LEGAL ASPECTS OF TAXATION OF ECONOMIC ACTIVITY OF INDIVIDUAL ENTREPRENEURS IN UKRAINE: RETROSPECTIVE, PRESENT, FUTURE
title_full_unstemmed ORGANIZATIONAL AND LEGAL ASPECTS OF TAXATION OF ECONOMIC ACTIVITY OF INDIVIDUAL ENTREPRENEURS IN UKRAINE: RETROSPECTIVE, PRESENT, FUTURE
title_short ORGANIZATIONAL AND LEGAL ASPECTS OF TAXATION OF ECONOMIC ACTIVITY OF INDIVIDUAL ENTREPRENEURS IN UKRAINE: RETROSPECTIVE, PRESENT, FUTURE
title_sort organizational and legal aspects of taxation of economic activity of individual entrepreneurs in ukraine retrospective present future
topic general taxation system
simplified taxation system
group
single tax
single social contribution
minimum wage
url https://law.duan.edu.ua/images/PDF/2024/1/8.pdf
work_keys_str_mv AT valeriiotsymbal organizationalandlegalaspectsoftaxationofeconomicactivityofindividualentrepreneursinukraineretrospectivepresentfuture