TAX CREDIT AS A FORM OF STATE LOANS

Abstract

The article is devoted to the analysis of the tax credit as a variety of state credit. For this, the constituent definition of the concept of a tax credit has been established. The author came to the conclusion that the nature of the tax credit determines its place in the system of elements of the legal mechanism of tax as an optional element that can detail and refine the means for the implementation of additional elements of the tax mechanism (tax relief or tax payment).