VALUE ADDED TAX BENEFITS

This thesis describes the importance of value added tax (VAT) for the economy and society, its necessity and social role. Detailed information on the role of VAT in stabilizing state revenues, stimulating economic activity as a consumption-based tax, and increasing the transparency of the tax system is provided. Also, the article analyzes the social significance of VAT, its impact on the support of poor people, the development of social infrastructure, and the fair distribution of the tax burden. The role of VAT in state policy and its tasks in supporting international trade are also widely covered. This article aims to show its importance for the state and society through an in-depth study of the economic and social aspects of VAT.