BUSINESS TAXATION: A TRANSACTION COST THEORY PERSPECTIVE

Author

, associate professor, professor, Kharkiv, Svobody Sq. 4,
ORCID ID: 0000-0001-9241-9842
, associate professor, Kharkiv, Frunze, 21
ORCID ID: 0000-0003-2578-1109

In heading

Economic theory of law;

Signed print

26.02.2018

Issues number

2018 - № 1 (32)

Page

86-112

Type of articles

Scientific article

Code UDK

330.117:330.837

ISSN print

2411-5584

Abstract

In the paper, the relevance of using transaction cost theory for analysis of different aspects of business taxation is demonstrated. In particular, the transaction cost framework is used for explaining the economic essence of taxes and for analyzing transaction costs arising from the interaction between business and government in the tax sphere. The importance of measuring tax transaction cost is shown and methodological implications are discussed. The results of the Doing Business cross-country surveys related to the relative ease of paying taxes in different economies are analyzed and compared with data of the in-depth country-specific survey «The Costs of Tax Compliance in Ukraine». The relationship between the ease of paying taxes and country’s economic performances is established. Problems underlying the development of a congruent and efficient tax system, meeting the needs and priorities of a certain society are discussed.

Keywords

tax, transaction cost theory, tax transaction costs, compliance costs, government regulation.

Reviewer

External reviewer

Article in PDF

1 86-112

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