PROBLEMS OF REALIZING TAXATION’S STIMULATION FUNCTION UNDER THE ACTION OF UKRAINE’S TAX CODE

Economic and Legal Problems of Economic Activity

Abstract

The paper covers the problems concerning realization of the tax system’s functions on stimulating the economic activity after adoption of Ukraine’s Tax Code. Particular attention is paid to the definition and types of tax relieves provided by the current legislation of Ukraine. The effectiveness of existing tax relieves is analysed, as well as the prospects for introducing new tax incentives. The proposals are given to settle the dispute issues and to improve the current tax legislation of Ukraine.