The role tax forecasting in formation of public budget revenues

The research paper reviews the meaning and concept of public budget revenues, in particular, presents general definition of public budget revenues and various definitions given by some economists such as Polyak G.B., Bocharov V.V., Litovchenko V.P., and their approaches towards the interpretation of the concept. The article includes a short description of tax types (national and local, federal and municipal) that are received by the budgets of different level. Furthermore, it discusses the essence, necessity and role of tax forecasting, and its role in the planning and further effective formation of public budget revenues.