Administration of VAT on Export-Features and Challenges

DOI

10.2991/aebmr.k.200312.186How to use a DOI?

Abstract

In any country the special attention is paid by the government, regulatory authorities, regional management and entrepreneurs to the taxation of enterprises engaged in foreign economic activity. Export activity is a special kind of business activity with special conditions of control and benefits provided, at one time, this type of activity is labor-intensive enough, requiring the high qualification and practical experience from employees of inspection bodies. The main problem in the accounting of VAT on exports is the problem of confirmation of the preferential VAT rate and the procedure for VAT refund paid by the exporter in the domestic market, and declared VAT refund (on the account of the exporter – from the Federal budget). The main problems in VAT reimbursement have long been identified in many countries, first of all – the unreasonableness of compensation, the laborious process of VAT accounting, the insignificant influence of exporters – on the development of the region where they are registered and operate, etc. In a crisis there is a need to revise or cancel some benefits that have been in effect for many years. The issues of investment of free funds of enterprises in the country’s economy are important; the exporters are required to be investors in many important programs for the development of the national economy. There is also a need to re-evaluate the current benefits, assess their effectiveness, the impact of existing benefits on economic growth at the regional and Federal levels using an international experience.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - O V Tayurskaya
PY  - 2020
DA  - 2020/03/17
TI  - Administration of VAT on Export-Features and Challenges
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 1358
EP  - 1362
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.186
DO  - 10.2991/aebmr.k.200312.186
ID  - Tayurskaya2020
ER  -