THE ROLE OF VALUE ADDED TAX IN THE ECONOMY OF THE REPUBLIC IN THE DIGITAL ECONOMY

Abstract

The organization of profit and its taxation play an important role in the
financial relations of enterprises. In this article, the organization of profit and its taxation
play an important role in the financial relations of enterprises. This article interprets profit
as a key indicator of socioeconomic development of the enterprise and is based on the need
to form a profit tax for the state budget. The current situation with the taxation of profits
is analyzed and the legal framework is considered. The views of leading scholars on profit
and profit tax have been analyzed. There are also proposals and recommendations for the
formation of profit and its object as a tax.