Study of the tax management problem

Abstract

The subject of research is the field of taxation-related activities. The most topical issues in the field of taxation are highlighted, in particular:

• tax administration studies;
• normative maintenance of necessary changes in the field of taxation;
• state tax planning;
• transfer pricing issue.

It is determined that the taxation of income tax is one of the most problematic places, the solution of which is proposed by replacing it with the tax on the withdrawn capital. The analysis of publications on the experience of taxation in the world practice has allowed to substantiate expediency of introduction of incentive instruments of enterprises’ taxation, improvement of state tax planning, which will avoid double taxation, as well as normative provision of transfer pricing.

The conducted studies allow to summarize that significant achievements in the field of tax administration have been achieved, in particular:

• a unified social tax has been introduced instead of pre-existing deductions and wage deductions;
• the administration of value added tax has considerably simplified;
• the introduction of a unified register of tax invoices, which made it possible to avoid so-called «tax holes» and to change the procedure for refunding from the budget of the value added tax.

However, a number of issues remain to be solved, especially taking into account the dynamic processes of globalization.

In order to determine the conditions for avoiding aggressive state tax planning, the experience of implementation of international practice is considered. In particular:

• introduction of effective instruments for combating the withdrawal of profit from taxation;
• application of measures in accordance with the Convention on the avoidance of double taxation and international cooperation in the field of tax administration.

This ensures the creation of favorable environment for doing business. As a result, Ukraine will not only be able to elevate its positions in the competitiveness and doing business easiness, but will also create the preconditions for sustainable economic growth.