Single tax account, single tax payment as an innovative model for execution of a total tax obligation

This article discusses the prospects for the introduction and implementation of a single tax account (STA), a single tax payment, as an innovative model for the performance of aggregate tax obligations in tax administration. The topical issues related to the incorporation of a single tax account are investigated. The concept of the STA, its advantages and the procedure for its application are described. Based on the analysis of the key aspects of innovations and their main characteristics, the author comes to the conclusion that it is necessary to refine certain legislative norms.