Tebenikhina M.V.Cand. Sc. (Economics), assistant professor, Russian Economic Academy in the name of G.V. Plekhanov
Melikhova E.V.Russian Economic Academy in the name of G.V. Plekhanov ;
Issues of VAT regulation are of theoretical and practical significance. Value added tax is one of the most complex for the accounting in the context of its computation and payment. This drives public authorities to issue a number of clarifications and recommendations. Introducing of VAT in the European Union, being wide spread and used for a long time in different countries show its prominent role for the state. In point of fact value added tax is one of budget forming taxes, influencing company economy and finances. Its share in the federal revenue derived from taxes is constantly increasing.
Keywords: accounting, taxpayer, taxable activities and assets, concession, base, rate, rebate, standard, law