Diakovsky D. Value added taxation in Ukraine

3. Object of research. The mechanism of the value added tax and its influence on economic process. Purpose of research. To develop the theoretical statements related to the economic essence of the value added tax and to ground the practical recommendations to rise its efficiency. System method, scientific abstraction, comparative analysys, combination of historical and logical, methods of analysys and synthesis, combination of quantitative and qualitative analysys, grouping. Theoretical and practical results. The theoretical conclusions are made and practical propositions that would promote the rise of the efficiency of VAT as an important source of the budget gains and a regulation tool for economic development are presented. Novelity of research. The scientific results of the research promote the ground of the theoretical and methodological statements of the value added taxation. The definition of the economic essence of the value added tax is improved, the system of the indices to estimate the efficiency of this tax was offered. The statement that the regulative function of VAT must be directed to stimulate exports and investments, The possibility to neutralize the regressive influence of VAT on the people with low income is elucidated. The statement that the invoice metod of value added tax calculation does not always let to avoid the cumulative effect. The recommendations to rise the fiscal and regulative efficiency of VAT are presented, apart by the use of the different approach related to the reimbursement of VAT from budget according to the economic policy priority. The assumption stage. The main conclusions by the results of the research are used by the Ministry of the finance of Ukraine (letter № 050-100, 27.02.03), Administration of the President of Ukraine (letter № 10-08/554, 17.03.03), State tax administration of Ukraine (letter № 5181/6/11-2313, 29.04.04), Kiev national university of technology and design (letter № 71-71/1557, 08.10.03). Spheere of use. The tax policy concerning to the valueadded tax.