THE ARGUMENTATION OF THE TAX BURDEN IN THE RESTAURANT INDUSTRY FACILITIES

Abstract

The article compares various tax forms and tax systems with the purpose of determining the tax burden in Ukraine and the perspectives of budget replenishment using these approaches. The theme of taxation is connected to the characteristics of the promising restaurant industry, which creates numerous workplaces for the local population and demonstrates significant revenues. The relevance of the publication is justified with the role of high tax burden indicators in the creation of additional pressure on modern Ukrainian businesses, including various types of restaurants, which experience hardships during the war. The article analyzes the role of the government in the process of filling the national budget and solving the problem of tax evasion by entrepreneurs. The methodology for this publication is based on the quantitative research design, involving calculations, and the estimation of the data model, created under constant conditions, but with variable forms of taxation and different tax burdens. At the same time, the principles of analytical research are used in the cases when it is necessary to build connections between the received information and its potential influence on the economy of Ukraine and its entrepreneurs. During the evaluation of current tax evasion approaches, the author specifies the weaknesses that prevent the control of this issue on the national level and clarifies the potential defects of the tax system. Moreover, the article proposes the most effective recommendations for the improvement of integrity and efficacy of doing business in Ukraine, taking into consideration all the tax laws and avoiding any illegal approaches to accounting or commercial management. In general, the main advantageous consequences of transforming the Ukrainian tax system are the clarity of entrepreneurship, the lower tax burden, needed to improve the stability of work during the war and post-war periods, the support of local businesses, and the potential growth of their profitability. The use of recommendations as a practical improvement to the system of taxation will also minimize the unfairness of tax distribution between small, medium-sized, and large companies in the restaurant industry and other spheres of the Ukrainian economy.