ADMINISTRATION OF VALUE ADDED TAX IN THE CONDITIONS OF EUROPEAN INTEGRATION
Journal Title: Зовнішня торгівля: економіка, фінанси, право - Year 2018, Vol 5, Issue 100
Abstract
Background. The value added tax is considered to be the most problematic tax in the system of indirect taxation. However, the very fact of its introduction in Ukraine and theelectronic administrationof this tax is an important step in reforming the modern taxsystem. Analysis of recent research and publications. Various aspects of VAT were investigated by many scholars who consider the mechanism of VAT functioning and its impact on the economic activity of business entities, work out changes and innovations in the field of normative regulation and administration of value added tax, study European trends in the development of taxation and administration of VAT, determine the role of VAT in the formation of the revenue part of the state budget of Ukraine and investigate the problems of budget reimbursement of VAT. The aim of the articleis to identify ways of eliminating shortcomings in the VAT administration system in Ukraine. To do this, a comparison was made of trends in theadministration of VAT in the countries of the European Union and Ukraine. Materials and methods. The theoretical and methodological basis of the article was the legislative and normative legal acts of Ukraine, the works of domestic and foreign scholars. The research was conducted using the methods of theoretical generalization, comparative analysis, grouping and summarizing, analysis and synthesis, which allowed substantiating and comparing the basic provisions of VAT administration in the countries of the European Union and in Ukraine. Table and graphical methods are used for visual representation of statistical material and schematic representation of a number of theoretical provisions of the article. Results. At the present stage of development, Ukraine seeks to maximize theharmonization of VAT in accordance with the requirements of European legislation. World experience shows that VAT provides high stability of revenues to the state budget. The mainadvantage of VAT is its easy adaptation to the global trends of economic integration andglobalization. With the introduction of the electronic document management system, including the system of electronic administration of VAT, Ukraine has come close to worldeconomic standards. After all, the vast majority of countries in the world use the electronicreporting form. It is worth noting that each system has several drawbacks along with itsadvantages. The system of electronic administration of VAT in Ukraine is no exception. Improvement of the domestic legal and regulatory framework in the field of taxationprovides an opportunity to obtain new economic relations defined within the framework ofthe implementation of the Association Agreement«Ukraine and theEU». Conclusion.The current system of taxation of VAT transactions in Ukraineaccording to its composition, structure and methods of administration corresponds to the taxsystem of the countries of the European Union. The main objective of the introduction ofthe system of electronic administration of value added tax is to prevent abuse through theillegal receipt of VAT refunds from the budget.
Authors and Affiliations
Olena OTKALENKO
Keywords
Related Articles
- EP ID EP535055
- DOI 10.31617/zt.knute.2018(100)08
- Views 58
- Downloads 0
ANTIMONOPOLIC CONTROL OF INFORMATION EXCHANGE BETWEEN COMPETITORS
The normative principles of evaluation of information exchange between rival enterprises based on the experience of the EU regarding compliance with the legislation on protection of economic competition are investigated;...
EXPORT-IMPORT ACTIVITIES UKRAINE
Background. Modern foreign economic transformation marked by the deepening of the process of Ukraine’s integration into the European community, which requires a faster overcoming of lagging of the country’s development i...
ANALYTICAL PROCEDURES FOR THE AUDIT OF THE COMPETITIVENESS OF TRADE ENTERPRISES
The article grounds the necessity to assess the level of competitiveness. The place and role of analytical procedures in the audit of the competitiveness of trade enterprise, as well as the specifics of their application...
E-GOVERNANCE IN THE FIELD OF REAL ESTATE TITLES REGISTRATION
Background. Nowadays we have a rapid growth of implementation and development of electronic services in general and in particular in the field of real estate titles registration. There is a need for a scientific analysis...
LEGAL ASPECTS OF PROVISION DE MINIMIS STATE AID TO SUBJECTS OF ENTREPRENEURSHIP
Background. The article raises the problem of providing de minimis aidand monitoring it, which is much widespread within the framework of the national systemof state aid. At the same time, in Ukraine, there is currently...