Evaluation of the fiscal significance of value added tax in the system of tax administration in Russia

Value added tax is the basic and most stable source of revenue for the federal budget, which accounts for a third of revenue receipts, therefore it is very important for the socio-economic development of the country. The effective activity of the entire national economy depends on the correct construction of the taxation system in market conditions. The article examines the nature of value added tax, analyzes the structure of federal budget revenues, receipts and charges of VAT to the consolidated budget of the Russian Federation, and also evaluates the significance of value added tax in the tax administration of the Russian Federation.