LOCAL TAXES AS A SOURCE OF LOCAL BUDGET REVENUES

The article investigates the role and importance of local taxes in the revenues of local budgets, investigates the problematic aspects and contradictions of local taxation, it is determined that local taxes and fees should exist in such an amount that they fully provide local authorities with the funds necessary for their own needs. The dynamics of receipts of local taxes and fees is considered, it is investigated that the increase in the share of local taxes and fees in the structure of local budget revenues was due to a single tax. It is analyzed that in the world practice of developed countries the share of local taxes and fees in local budgets varies from country to country (from 30%), however, compared to Ukraine, the share in these countries is quite high. In addition, each country is characterized by a different number of local taxes and fees and the ability of local authorities to impose additional local taxes and fees. Prospects for the development of local taxes and fees in Ukraine and promising directions for increasing their fiscal significance have been substantiated. It is argued that the existing system of local taxes and fees in Ukraine, as well as the country's tax system as a whole, needs to be improved, since it should, on the one hand, provide a sufficient amount of its own revenues for local budgets, and on the other hand, be an instrument of local social economic policy aimed at fulfilling the tasks of balancing the economy and developing regions.