малый и средний бизнес.

Introduction. The socio-economic situation in the country is largely dependent on the level of development of small and medium-sized businesses. In turn, the effectivenessof the small and medium business is dependent on the tax system of the country.

Theoretical analysis. This article discusses the changes made to the legislation on small and medium business in the 2015 year affecting criteria chargeability to small and medium businesses, the income limit for legal entities and individual entrepreneurs, and participation in the share capital of other entities. Analysis of special tax regimes was carried out on the basis of the characteristics of taxation elements in the transformation of the tax legislation.

Discussion of results. The study revealed some features of the application of special tax regimes in terms of improvement of the legislation on taxes and fees, as well as legislation regulating the operation of small and medium businesses