Innovation in the field of taxation

A new tax that simplifies tax administration and improves the country's economy

Abstract

This paper reflects the views of Levan Teziashvili, a doctoral student at Sokhumi State University, on further simplification and optimization of the taxation system.

The doctoral student develops the idea of ​​introducing a single, simplified tax in Georgia, which will replace all indirect taxes.  The simple system and rational interest rate have a positive impact on the taxpayer 's activities and the development of the economy.  To neutralize the fluctuations, it is advisable to carry out this process in stages - the first step that will help to optimize is the submission of a unified tax, modeling of the tax base and calculation.

The paper discusses the experience of other countries, including India, Singapore and the results achieved, which can be the basis for a model acceptable to Georgia..