Topical issues of taxation of the construction industry

Abstract

Importance: the construction sector and construction activities are considered to be one of the main sources of economic growth, development and economic activity. The system of taxation of construction organizations has a complex structure in some respects, and the results of measures implemented by the state in the field of support for construction activities reflect their insufficient efficiency. There is a need to pay close attention to the development of mechanisms for indirect support of the construction activities of organizations through tax incentives, the purpose of which is to increase the interest of companies in the implementation of projects and the development of new innovative technologies in this area by reducing their tax liabilities. Purpose: assess the contribution of the construction industry to the economy and propose measures aimed at expanding the composition of tax benefits. Research design: the general methodological basis of the study was the principles of dialectical logic, the unity of the logical and the historical. In the course of the study, general scientific methods of cognition were used, such as analysis and synthesis, consistency, abstraction, induction, deduction, as well as special ones: comparisons, groupings, generalizations, etc. In the process of searching, studying and analyzing materials on the research topic, statistical methods were used, the method expert assessments, etc. Results: the role of the construction industry in the economy is revealed, the receipt of taxes in this industry is demonstrated in comparison with the total volume of tax receipts. The current state of the construction industry is analyzed; the features of its taxation are given. The tax burden of the industry is presented. Factors limiting the production activity of construction organizations are revealed. The main directions for improving the taxation of the construction industry in order to attract investors are formulated, while noting the key role of the state.