FISCAL PARAMETERS OF TRANSPORT SYSTEM OF GEORGIA (ABSTRACT)

By Dr. Zurab Tevzadze

For providing the strong and secured development of transport system of Georgia, it is important to anticipate the policy of macroeconomic effectiveness of complex. One of the most important parts of it is the optimization of fiscal regulation.

To the opinion of one part of entrepreneurs concerning the matter, main factor obstructing transport development is irrational fiscal policy of government in past years. The hardest tax burden does not allow businesspersons exist normally. Such fiscal burden causes number of negative consequences, mainly, decreases the productive activity, advances the trend of avoiding taxes and finally expands the part of hidden economy, which effects the Budget revenues.
For defining the objective figures of fiscal parameters of transport system in country, it is important to reckon the illegal part of sector. As the above sector is taxed inadequately to State interests, budget revenues in statistical reports mainly come on the side of legal side of entire system. This causes disproportion in fiscal estimations. For that purpose, we have investigated the entire system during 1996-2000 including officially registered juridical and physical entities, average consumption, production and collected VAT, which are given in table 1.