Modification of the state budget and tax policy for e-commerce in the context of the global corona crisis

Abstract

The article reveals topical issues of improving the state budget and tax policy for e-commerce entities in the global economic crisis caused by the spread of corona virus infection COVID-19. The purpose of the article is to study the current state of e-commerce in Ukraine and identify possible ways of modifying the state budget and tax policy for e-commerce in the situation of deepening corona crisis. The article is based on general scientific methods of cognition: abstract-logical, dialectical and system analysis, induction and deduction, analogy and extrapolation, as well as logical generalization. E-commerce is a promising activity that has been showing steady growth for many years. The ability to do business online allows many businesses to adapt to new business conditions, including quarantine restrictions imposed by the spread of corona virus COVID-19. E-commerce is a type of economic activity, which is developing, and at the same time it is a reliable source of budget, despite the crisis. However, since businesses in this area faced the problem of the economic crisis, they need state support. The potential of e-commerce is significant. It allows its subjects to reorient its activity depending on the needs of the business environment. This feature should be taken into account when developing measures to support this area and providing conditions for its sustainable growth. The proposed measures will increase the number of online stores, the turnover from operations in this area, the sales of goods via the Internet, the number of taxpayers and tax revenues to the state budget.