IMPROVEMENT OF UKRAINE'S TAX POLICY IN THE CONDITIONS OF MACROECONOMIC INSTABILITY

Abstract

The purpose of the article is to scientifically substantiate ways to improve the tax policy of Ukraine in conditions of martial law and macroeconomic instability. It is noted that in modern conditions, traditional tax regulation tools are ineffective, therefore, the problem of choosing between the critical level of fiscal sufficiency of tax revenues and supporting the stability of the economy, which ultimately must ensure the functioning of the state, is relevant. The study was conducted using a systematic approach to the study of financial phenomena, methods of systemic analysis and synthesis, statistical and economic analysis, abstract and theoretical generalization. It is noted that the macroeconomic situation in the country is characterized by a certain financial stability of business entities and state institutions, which allowed to support the growth of GDP, budget revenues and tax revenues. At the same time, negative trends in the economic environment were identified. Legal, administrative, and economic methods of tax regulation are considered. It is determined that despite the diversity of economic impact norms in tax legislation, administrative methods remain decisive from the point of view of regulating taxpayer behavior. The need for new methodological approaches to taxation and building a comprehensive strategy and transition from fiscal to adaptive tax administration models based on the principles of partnership between the state and business is substantiated. Particular attention is paid to the long-term consequences of changes in taxation mechanisms under martial law, the digital transformation of fiscal functions as a tool for minimizing corruption risks and automating control, and improving the methodology for administering VAT and excise duties during periods of sharp price jumps. Strategic priorities for the formation of a competitive tax environment with low administrative barriers and preferences for innovative clusters are formulated. It is proposed to develop a tax administration model that would combine institutional flexibility with technological excellence, which would allow stabilizing the tax system in the face of modern challenges and laying the institutional and financial foundation for the post-war recovery of Ukraine and its integration into the European economic space.