2017, no. 1 & 2

THE EVALUATION MECHANISM OF THE TAX PRESSURE ON THE ECONOMY IN THE REPUBLIC OF MOLDOVA

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Authors:  
Corina BULGAC, PhD Student, University Lecturer, Academy of Economic Studies of Moldova

The relevance of the research topic to today’s realities lies in the fact that one of the indicators,which makes it possible to evaluate the tax policy effectiveness at macroeconomic level, is the indicator ofthe tax pressure. Nowadays, an important component of the effective financial management is consideredthe efficient tax planning and the tax pressure management, which is one of the key factors for asuccessful economic activity. It is important to understand that the state’s purpose is to collect sufficienttaxes to ensure the good operation of all state functions, and along with this, to avoid an excessive taxpressure and not to allow it to repress the economic activity of the economic agents. The purpose of thisstudy is based on the argument that the indicator of the tax pressure on the economy, unfortunately, doesnot reveal the actual level of tax exemptions based on the country’s GDP. The study is based on usingmodified methods of calculating the indicator of the country’s tax pressure, which are proposed by theauthor and can be used for regulatory purposes. The study reveals that, independently, this indicatorreflects the share of GDP redistributed through taxes. But only in combination with other importantindicators of the socio-economic development of the country we can estimate the level of taxation in thecountry and the efficiency of the fiscal system operation. The analysis of some indicators in a number ofcountries shows that in Moldova the high tax pressure is associated with the low level of GDP and theGDP per capita compared to other countries.

Keywords:  
tax pressure, tax receipts, fiscal policy, fiscal administration, tax payments, tax regulation.