The influence of taxation on the development of small and medium enterprises in Ukraine

Abstract

The article identifies the state and problems of small and medium enterprises in Ukraine. The indicators of small and medium business development were monitored. An analysis of the current regulatory framework for the classification of small businesses and their tax regimes. The taxation systems of small and medium enterprises are considered. It is established that among the problems of development of small and medium enterprises in Ukraine is often called a high level of tax burden. The article examines the impact of the tax system on the development of small and medium enterprises. A comparison of the tax burden showed that for many years the burden in Ukraine exceeded the global average. The key indicators for monitoring the efficiency of small and medium business taxation are analyzed. Priorities have been identified and approaches to simplifying the taxation of small and medium enterprises have been proposed. The legal framework of the study consisted of legislative acts of Ukraine on taxes and fees governing business activities, the Tax Code of Ukraine, bylaws and programs for the development and support of small business.