MAIN APPROACHES TO TAXATION POLICY FORMATION
Journal Title: Profesinės Studijos: Teorija ir Praktika - Year 2010, Vol 7, Issue 7
Abstract
It should be noted finally, that the following conclusions could be drawn. The research has proved that the taxation rate increase in separate kinds of taxes during the period of economic slowdown will not fill in the budget; on the contrary, such line of policy will result in budget reduction; thus confirming the point that the amount of the tax receipts depends not so much on the overall value of tax bites, but rather on the value of the profits tax base. Payments into the budget are shrinking on account of declining business activity, the fund moved outside the national economy and into the shadow economy sectors, as well as on account of tax evasion. Restrictive measures proved ineffective as a solution for the problem of filling the budget, but eventually and unavoidably resulted in manifold increase of the amount of external borrowings in order to meet at least the minimum liabilities of the state management. The upsurge of the state debt has achieved during the period under consideration the limits set by the Treaty of Maastricht, which is combined with acute curtailment of budgetary funding for all the social programs as the interest payments for the foreign transfers exceed the amounts of state funding for education and science, medicine, and culture. The taxes designated for the local governments do not fulfill their regulatory and promotional functions, which is evidenced by regular drawing on the Cohesion Fund, as 87% of all the Latvian local governments draw on the latter to ensure their minimum survival.
Authors and Affiliations
Галина Решина
Keywords
Related Articles
- EP ID EP85321
- DOI -
- Views 110
- Downloads 0
WESTERN EXPERIENCE OF THE PRIORITY OF HIGHER EDUCATION SECTOR IN THE CIRCUMSTANCES OF GROWING GLOBALIZATION
Due to the rapid scientific and technical progress in conjunction with increasing globalization, the knowledge gained within higher education system gets out-of-date very fast, and this problem is very topical in social,...
Analysis of the achievement level of professional competencies in the accounting studies programme at Siauliai college
In order to maintain good quality of work, an employee must possess certain functional capabilities called competencies which enable the employee to carry out the said operational functions successfully [8]. The professi...
Aklųjų ir silpnaregių mokinių integruotas ugdymas: raidos ypatumų analizė
Straipsnyje nagrinėjami aklųjų ir silpnaregių integruoto ugdymo lygiai (inkliuzijos, prekliuzijos, ekskliuzijos) esama padėtis, ypatumai. Tyrimo rezultatai skirstomi į 3 reikšminius blokus: 1. Su kokiais sunkumais susidu...
Group preparednessfor risk in the environment of social instability
This article analysed primary theoretical sources with the view of operationalisation and systematisation of the notions of risk as well as the notions that are allied and interdisciplinarilly connected to it. In the out...
Globos namų gyventojų požiūris į senatvę
Senėjimas ir seni žmonės tapo viena aktualiausių temų šiandieninėje visuomenėje. Visuomenė, o ypač mokslas, pradėjo domėtis senatve ir senėjimo procesais, senėjimo pasekmėmis, ligomis, senų žmonių savijauta, jų socialine...