The revenues of the budgets of the territory in the countries of the Eurasian Economic Union

Abstract

Financial systems of the countries of the Eurasian Economic Union (EEU) were forming in the common
post-Soviet space, which had a significant impact on the formation of the budget system and the
content of budgetary relations in these countries. The process of research is distinguished general and
distinctive features that are characteristic of individual countries of the EEU and their administrativeterritorial
entities. At the same time, the most important problem of the current stage of development of
financial relations in the EEU countries is the improvement of the process of strengthening the revenue
base of the budgets of territories, increasing the role of own revenues.
Among the most significant results that determine the scientific novelty of the study are following:
the definition of the territorial budget as a financial basis for the activities of government bodies in the
region and at the local level is specified and indicators for assessing the degree of independence when
forming the revenues of the budgets of the territories are proposed.
The theoretical significance of the research is that the conclusions and proposals received as a result
of the study to make a definite contribution to the development of economic science and can be used for
further theoretical and practical developments on the problems of revenue generation in the budgets of
the territories of the EEU countries. The introduction of research results in practical will allow improving
to the process of forming revenues of territories budgets in the EEU countries.