TAXATION RELEVANCE OF INDIVIDUALS’ INCOME THROUGH PUBLIC DECLARATION

Abstract

In all economically developed countries, where the principles of market economy and freedom of entrepreneurial activity apply, citizens’ general income declaration is widely used. During the gradual implementation of market reforms, the practice of taxation has been improved, mainly by introducing the positive experience of developed countries. Currently, following the ongoing tax reforms in the country, several positive changes are being made in the taxation of personal income. This article examines the experience of economically developed countries and highlights the relevance of taxation in the country by declaring the income of individuals.