Problematic Aspects of Value Added Tax

Not one of the states can exist without a tax system. And as far as this system and the mechanisms of its administration are clearly and expediently built, the more the state budget is filled. The level of feasibility of the principle of fair taxation also plays an important role. All this, in turn, allows the state to realize its functions and tasks through financing socially significant events, meeting its own needs and the needs of society. One of the key taxes in this aspect is VAT, an indirect tax. Despite the fact that this tax is one of the youngest taxes, based on the time of its fixation in tax systems, it is also the most widespread tax on a global scale. But even today there are discussions about its expediency for analog systems, substitutability for another tax, and transformability. The relevance of this issue does not weaken today. It should be noted that such discussions take place in countries where such a tax is collected and in countries where it is not included in the list of taxes collected. An analysis of the introduction of VAT and proposals for its reformation in foreign countries allowed us to formulate a number of proposals for its modification for the Russian tax system.