The current mechanism for calculating and collecting VAT and its improvement in the Russian Federation

Authors

Fatullaev A.

Abstract

This article reveals the mechanism for levying value added tax in the Russian Federation, namely: basic rates, who exactly is the VAT taxpayer, what documents are generated when presented to the tax authorities, as well as shortcomings and recommendations for their elimination. The problems of tax administration, a possible increase in VAT and ways of its development in the near future are analyzed.

Keywords

value added tax, calculation and collection of VAT, tax rates and agents.