Analysis of regional sustainable development: aspect of taxation mechanism

Abstract

The main suggestion of our study on development - taxation is that the objectives of taxation are similar in both developed and developing countries. This means that the financial resources required by public expenditures are created in the most possible, fair and effective way. The main differences between developing and developed countries are caused by the constraints faced by governments, not by differences in goals. Administrative inadequacies, insufficient accounting in taxation, insufficient monetization rate in the economy, the high level of importance of agriculture, the limited number of tax brackets compared to developed countries cause taxation in developing countries to differ from those in developed countries. In general, although the models used in accordance with these differences differ, similar methods and techniques are used for tax analysis in both developed and developing countries.