The excise tax aspects under martial law and its implications on achieving sustainable development goals
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Date
2024-01-26
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NGO European Scientific Platform
Abstract
The dilemma of assessing the moral aspect of raising or lowering excise tax rates has become more acute in Ukraine during the war. On the one hand, the public-private partnership policy directs to stay in the context of business support within the framework of the international program of Sustainable Development Goals, particularly the goal of "partnership for well-being". On the other hand, it is necessary to ensure a sufficient level of fiscalization and regulation for the sake of the state's financial security. Volatility, which is currently observed in most spheres of the economic and financial space, directly affects the achievement of each sustainable development goal. At the same time, the actions of the legislative and executive authorities regarding the prioritization of the declared policies remain important. Separately, it is necessary to detail that the excise tax will be paid directly by the consumer of excise goods. This increases the importance of differentiating excise goods, depending on their priority for the consumer's life. Therefore, one of the critical issues of reforming excise taxation in Ukraine is determining the balance between the performance of fiscal and regulatory functions by excise taxes. It is also worth considering the ability of excise taxes to influence the volume of export/import of goods and limit the consumption of some goods due to an indirect effect on producers. Decrease in demand for goods due to rising prices.
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Citation
Rudyk N. V. The excise tax aspects under martial law and its implications on achieving sustainable development goals / Rudyk Nataliia Vasylivna // Science of XXI century: development, main theories and achievements : V International Scientific and Theoretical Conference, January 26, 2024; Helsinki, Finland : collection of scientific papers «SCIENTIA» / [org. com.: Holdenblat M. (president)]. – Helsinki, 2024. – P. 36–38.