Annotation

The relevance of the research topic is due to the fact that value added tax is one of the main tools in the mechanism of formation of the revenue part of the state budget. Despite its importance in revenue generation, it is also a major tax in the shadow economy, due to the imperfection of regulations. In particular, this is evidenced by VAT evasion, unlawful reimbursement of its large sums from the state budget, significant amounts of taxpayer abuse while using privileges and forming a tax credit that is quite burdensome for the budget.

The purpose of the article is to analyze the legislative changes regarding the electronic administration of value added tax in Ukraine.

In the course of the research, the author use the following scientific methods, particularly economic and statistical – to estimate the dynamics of the amount of payment of value added tax to the budget; analysis and synthesis - to find out the reasons for the change in the amount of tax paid; tabular and graphical - to represent the results of the study; abstract-logical - in the implementation of theoretical and methodological generalizations.

The results of the study investigate the peculiarities of functioning of the electronic system of value added tax administration, as well as the main stages of its formation. The analysis of VAT revenues to the budget is carried out. It is determined that the system of electronic VAT administration contributes to improvement of the mechanism of relations between taxpayers and fiscal authorities in terms of the receipt of the value added tax in the state budget.

A study of the application of the electronic VAT administration system in Ukraine testifies to the existing tax reduction schemes by enterprises, which influences the budget revenues. Particular attention should be paid to the development of recommendations for improving e-administration to eliminate the negative effects that are being observed.