№ 7/2016

Fìnansi Ukr. 2016 (7): 7–

TAX POLICY

MELNYK Viktor ¹, KOSHCHUK Tetiana ²

¹The University of the State Fiscal Service of Ukraine
²SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0003-1013-4603

TAX POLICY OF UKRAINE IN TERMS OF IMPLEMENTATION THE ASSOCIATION AGREEMENT WITH THE EUROPEAN UNION

Tax transformations in Ukraine in 2016 and their possible impact on socio-economic processes and revenues of the general government are analyzed. Found in domestic taxation issues that remain unresolved. The proposals concerning the formation of tax policy in Ukraine on the basis of European integration tasks and priorities are suggested. It is found that the formation of tax policy in Ukraine in terms of the implementation the EU-Ukraine Association Agreement should provide conditions for GDP growth and improvement in the development of the socio-economic systems, ensure a reliable financial framework for the state functioning expansion (fiscal space for reforms), make amendments to the Tax Code in fulfilling the Agreement as well as gradually implement the EU tax policy and EU tax mechanisms with a view to foster Ukrainian economic growth and the de-shadowing of the economy. The tax reform should further focus primarily on: the creation of favorable tax environment for economic growth on innovation base (simplification of tax legislation, introduction of investment and innovative tax incentives based on the recommendations of the European Commission and EU member countries` practices); search for fiscal reserves by eliminating imbalances in the distribution of tax burden and improvement in tax fairness (restrictions on the use of tax evasion and tax avoidance schemes, relocation of the main tax burden on well-to-to groups of the population); adaptation of the Tax Code to the EU tax directives under the Association Agreement (timely exercised changes in collection of VAT and excise tax); improvement in tax administration (simplification of tax calculation and payment, automation of tax procedures, modification of risk-oriented tax control based on the best European practices).

Keywords:tax policy, tax reform, tax harmonization, adaptation of national tax legislation to the EU directives, favorable tax environment for economic growth, fiscal reserves, tax administration.

JEL: Н20, Н21, Н22, Н87.

MELNYK V. . TAX POLICY OF UKRAINE IN TERMS OF IMPLEMENTATION THE ASSOCIATION AGREEMENT WITH THE EUROPEAN UNION / V. . MELNYK , T. . Koshchuk // Фінанси України. - 2016. - № 7. - C. 7-.

Article original in Ukrainian (pp. 7 - 25)

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