Competitiveness of Ukraine’s system of taxation within the framework of integration into the European Union
Journal Title: Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu - Year 2017, Vol 2, Issue
Abstract
The article reveals the essence and role of competitiveness of the taxation system taking into account retrospective trends and current aspects. In addition, it provides insight into main ways in which tax competition may be manifested. Specific features and methods for determining the level of development of the tax system as well as the level of economic freedom are highlighted. The positive and negative influence of globalization on the taxation system of the country is generalized. On the basis of the analysis, carried out for the research, it is found that Ukraine’s system of taxation and the level of economic freedom rank far below the EU countries. Consequently, possible causes of slow progress in Ukraine’s system of taxation are systematized, and its weak position in the international ranking is explained. It is determined that the low-ranking position of Ukraine has been caused by considerable corruption at all levels of executive power, low protection of property rights and weak development of investment. The major factors that negatively affect the business environment are as follows: unstable tax legislation, time-consuming tax accounting, a high overall tax burden and its unequal distribution among taxpayers, improperly adjusted tax reliefs, and mainly fiscal nature of the taxation system. A particular attention is paid to the priorities of the taxation system in European countries. The main guidelines for reforming the national tax legislation, based on the analysis of the latest trends of tax changes in the EU, are determined.
Authors and Affiliations
Eduard Romaniuta
Keywords
Related Articles
- EP ID EP305957
- DOI -
- Views 81
- Downloads 0
The impact of global technological trends on accounting
The article points out that the pace of technological advance has led to integrating information and communication technology into accounting processes. Examples of advanced technologies for business that influence accou...
Econometric estimation of the pension in Ukraine
The research paper analyzes the dynamics of minimum and average pensions, minimum wage, living wage, consumer price index, and gross external debt of Ukraine. The causal connections between the minimum pension and the re...
Formalization of employee motivation model and assessment of its effectiveness
The subject matter of the research paper refers to theoretical and methodological principles of the practical performance of incentive function of payment for work. It is stressed that due to increasing competition and a...
Current global environmental risks
The article deals with global issues that hindered the development in 2016. The main of em are large-scale forced migration and poor ecology. Possible directions for sustainable development of “green economy” are propose...
Theoretical and methodological principles of budget framework
Based on the scientific analysis of the theories and concepts developed by schools of financial thoughts, it is found that there is a high concern about a range of tools for government regulation, such as taxes, transfer...