SYSTEMIC PROBLEMS IN ADAPTING NATIONAL TAX LEGISLATION TO THE REQUIREMENTS OF THE GREEN ECONOMY

Abstract

The transition to a green economy requires significant reforms in national fiscal and legal systems. Tax legislation plays a crucial role in promoting environmental sustainability, encouraging green investments, and supporting resource-efficient economic development. This article examines the systemic problems associated with adapting national tax legislation to the requirements of the green economy. The study analyzes the existing tax framework, identifies institutional and regulatory challenges, and evaluates the extent to which current tax policies support environmental objectives. Particular attention is given to the integration of environmental taxation principles, green fiscal incentives, and sustainable development priorities into national tax legislation. The research highlights the need for comprehensive legal reforms, improved environmental tax administration, and stronger coordination between economic and environmental policies. The findings provide recommendations for enhancing the effectiveness of tax legislation in supporting the transition toward a sustainable and environmentally responsible economy.