Difficult issues of calculating VAT and prospects for improving legislation

UDC 336.025

Authors

Abdulkhaeva L. B.

Abstract

The article assesses the role of value added tax (VAT) in the formation of the federal budget, analyzes the legislative framework for VAT, and identifies and substantiates the prospects for the development of this tax in the Russian Federation.

Keywords

value added tax, indirect taxes, VAT payers, fiscal payments, tax rate.