Zhukevych O. Indirect Taxation in a System of Economic Regulation

The economic essence of excise policy as a component of tax regulation of social and economic development is revealed. The methodological framework of governing indirect taxation based on the implementation of fiscal and regulatory potential of value added tax and excise tax, the institutional changes of economic environment is suggested. The approaches of identifying priority of areas to increase fiscal efficiency of excise tax are developed, the experience of regulation of indirect taxation in developed and transitional economies is generalized and systematized. The necessity of the implementation of institutional changes in tax regulation of the level of tax benefits and mechanism of administration of indirect taxes is grounded. The approaches to institutional foundations of the system of indirect taxation provisions to determine the economic substance of the administration of VAT and excise tax, methodological framework to estimate the efficiency of indirect taxes, the use of certain procedures of state regulation of production and turnover of individual groups of excisable goods are improved.