Belarusian Economic Research and Outreach Center

Modern Tax System Transformations

Building an optimal tax system is a strategic objective for any state. Under  the conditions of the economy openness, both internal and external factors can  have a significant impact on the pace of economic development of a country that  affects the level of tax collection. The article both emphasizes the importance of tax  system improvement and explains the necessity of tax administration optimization.  A tax system approximated to optimal one will be less affected by the negative  trends and modern tax administration will reduce costs, increase transparency and  the taxpayers’ trust level. The tax system analysis was carried out based on  studying the Visegrad Group countries’ experience (the Czech Republic and  Poland), as well as Georgia and Belarus. As a result, it was observed a single  direction of all countries’ development in the area of the tax system improvement,  while the presence of the individual characteristics.