CHANGES IN TAXATION AND THE IMPLEMENTATION OF TAX BENEFITS IN UKRAINE UNDER MARTIAL LAW

In the article, the authors shed light on the problem of implementing tax changes and introducing tax benefits in Ukraine under martial law, and also the impact of these processes on tax revenues to the State and local budgets of Ukraine from taxes to which these benefits were applied. In particular, the peculiarities of tax benefits introduction to VAT, single tax, land fee, and excise tax were revealed. Using a dynamic analysis of the incomes of these taxes to the State and local budgets of Ukraine, the main causes and consequences of these revenues growth rate were determined. We have identified the main reasons for the cancellation of certain tax benefits, in particular the VAT benefit for imported goods, which caused significant losses in the revenues of the state budget, as this tax accounts for more than 40% of the revenues to the State Budget of Ukraine, it is considered a budget-forming tax. The decrease in customs revenues is caused not only by the introduction of tax relief on imported goods, but also by a physical decrease in the volume of foreign trade transactions. It will be possible to achieve positive growth only if the pre-war volumes are restored. It was concluded that the introduction of tax benefits on single tax and land fee affected the preservation of the activities by small and medium-sized business entities and balanced revenues from the single tax with the revenues of local budgets of Ukraine in the second half of the current year. The results of the study reflect the cause-and-effect relationships between introduced tax benefits, tax changes, and tax revenues from these taxes and also prove the importance of implementing these changes under martial law conditions.