Fiscal interest of the state and respecting the rights and legitimate interests of the taxable entities in case of refund of excess remission of value added tax

Abstract

The authors of this article, based on the principle of legitimacy, state that tax authorities in tax proceedings protect not only the fiscal interests of the state as a priority, but at the same time they are obliged to maintain the rights and legitimate interests of the taxable entities, analyze the current legislation of the tax audit in aspect of permissible statutory length of its duration and its impact on the process of refund of excess remission of VAT to the taxable entities.

Fiscal decentralization and macroeconomic stability: the experience of Ukraine’s economy

“…Therefore, in economic literature, there are several approaches to the definition of macroeconomic stability concept: as the equilibrium of the basic macroeconomic indicators (Żuchowska, 2013;Hurduzeu & Lazar, 2015;Ionita, 2015), as the process of good macro-management of the country's economy through setting out an effective government policy (Kuroyanagi et al, 1996), as the stability of financial and monetary system of the national economy (Guarata & Kmetová et al (2017), noted that the effective and legitimate tax systems which correspond to EU requirements were considered to be an integral part of the strategy which leads straight to macroeconomic stability. Moreover, Žigman (2017) noted that fiscal councils are extremely important to ensure a macroeconomic stability through conducting the fiscal policy and decreasing the influence of politics on public finance management.…”