THE IMPACT OF THE TAX BURDEN ON THE FINANCIAL ACTIVITIES OF BUSINESS ENTITIES

The tax burden is included in the structure of macroeconomic indicators, being a clear indicator of how well taxation is established in the country, and the larger the country's GDP, the lower the level of tax burden. This, of course, will depend on the volume of the country's budget revenues. That is, the greater the budget revenues and the greater the share of taxes in its structure, the greater the level of tax burden. This article highlights the impact of the tax burden on the financial activities of economic entities.