The value-added tax is a regulatory federal tax. The article discusses value-added tax. The concept is given, as well as common mistakes that Russian citizens make when calculating VAT. The value-added tax is defined in this paper as one of the central federal taxes, which has both problems and solutions. The concept of “Paper VAT” is given, and the meaning of its role in the tax system is revealed. The issue is raised about the need to amend the Tax Code of the Russia, which would reduce tax losses in the future. The authors conclude that today, VAT is one of those taxes that is not fully regulated by the state. The modern Russian tax system has many problems that hinder the effective implementation of VAT tax administration. These problems are different.
Kruglaya et al. (Mon,) studied this question.