New Types of Taxes and Forms of Taxation in the Conditions of Information Economy: Perspectives of Optimization

Abstract

Purpose The purpose of the work is to determine new types of taxes and new forms of taxation in the conditions of information economy and to determine the perspectives of their optimization. Methodology The methods of systemic and problem analysis, logical analysis (analysis of causal connections), and method of formalization (graphic presentation of information) are used. Results It is determined that in the conditions of information economy all three closely interconnected tendencies are manifested: growth of the value of information and its becoming the key resource, distribution of information technologies and their becoming a special type of business assets, and formation and development of Internet entrepreneurship. Under the influence of these tendencies, which are already seen in economic systems, possibilities of collection of traditional types of taxes (with the help of traditional forms of taxation, based on corporate tax reports) will be limited. This will lead to establishment of a new balance in the tax system, at which traditional types of taxes will be replaced with new types of taxes, collected with the help of the corresponding new forms of taxation. These are tax on information, collected in the Internet form, on information technologies, collected in the ICT form, and tax on Internet sales, collected in the electronic form. These new types of taxes and new forms of taxation, which will be applied in the conditions of information economy, will influence entrepreneurial structure and individuals. Recommendations For preventing a social crisis due to coming transformations of the tax system in the conditions of information economy and for protecting the interests of the state in the aspect of full-scale collection of taxes, the authors offer recommendations on optimization of new types of taxes and new forms of taxation, related to establishment of lower tax rates.