Government and taxation

Government and taxation
THE AIM
The purpose of this work is to study the concept of the state, its role in the economy and a more detailed consideration of state taxes.

Government and taxation
THE AGENDA
Concept of the state
The role of the state in the economy
The concept of taxes
Role of taxes
Type of taxes
Impact of taxes on the economy

Government and taxation
CONCEPT OF THE STATE
State — the political form of social organization in a particular territory, political-territorial organization of sovereign public authority with the apparatus of compulsion and control, which governs the country's entire population.

Government and taxation
THE ROLE OF THE STATE IN THE ECONOMY
Anti-monopoly and competition protection.
The creation of public goods
Elimination of external (side) effects
Income redistribution Regulation of employment of the working-age population and the fight against unemployment.
The collection of taxes and further redistribution.

Government and taxation
THE CONCEPT OF TAXES
Tax is a mandatory contribution of the payer to the budget and extra-budgetary funds in the amounts and within the established time limits determined by law.
Timely payment of taxes is mandatory; otherwise, the payer is required to collect funds by force.

Government and taxation
ROLE OF TAXES
Fiscal function
The distribution function
The regulatory function (the stimulating subfunction, destimulating sub-function, reproductive subfunction)
Control function

Government and taxation
TYPE OF TAXES
Types of taxes for individuals:
- pension social deductions(дедакшн);
- property deduction;
- property tax;
- land tax;
- transport tax;
- tax on property of individuals.
- inheritance(инхеританс) or gift tax, etc.
Types of business taxes:
- value added tax-VAT;
- excise taxes on certain types of goods and services;
- the profit tax of the enterprises;
- state duty;
- customs duties and charges(чаджиз);
- environmental tax;
- license fee;
- advertising(эдветайсинг) tax, etc.

Government and taxation
THE IMPACT OF TAXES ON THE STATE'S ECONOMY
Taxes are the most important element of the modern state economy. They make up a huge percentage of the budget of any state. From this budget item, the state's income is redistributed to various transfer payments, provision of public goods, etc. The state cannot function without taxes.