№ 4/2019

Fìnansi Ukr. 2019 (4): 79–96https://doi.org/10.33763/finukr2019.04.079

TAX POLICY

KHODZITSKAYA Valentyna ¹

¹SHEE “Kyiv National Economic University named after Vadym Hetman”
OrcID ID : https://orcid.org/0000-0003-2734-763X

Avoidance of double taxation of income: world tendencies

The article studies the development of the conceptual and terminological apparatus of the regulatory support for the formation by the groups of enterprises of the information on the distribution of income, economic activity, and paid taxes in different countries. It is substantiated that with the emergence in economic practice of intentions to implement international initiatives regarding the avoidance of double taxation, the issue of avoiding it between countries has become the subject of active scientific research. It is noted that understanding of international rapprochement in the tax sphere is achieved through the introduction of jointly developed standards of activity, close cooperation of tax authorities and the gradual unification of tax instruments. The assessment of the conceptual and terminological apparatus of the category \\\\\\\"double taxation\\\\\\\" is carried out. It is highlighted that external double taxation, unlike internal, can be eliminated by states both independently and through the pooling of their efforts. Entering into international agreements on avoidance of double taxation (Double Taxation Treaties) is considered to be the main way to prevent cases of external (international) double taxation. The article describes the evolution of historical tendencies of avoidance of double legislation, investigating the features of taxation in different countries. It is noted that in international practice two basic models of tax agreements are used: the ОЕСР model and the UNO model. They are a standard and legal basis for entering into bilateral and multilateral contracts. Special attention is paid to three multilateral methods of the removal of double legislation. The article also investigates the modern regulatory and legal framework of Ukraine for the avoidance of double taxation.

Keywords:tax sphere, double taxation, removal of external double taxation, globalization of financial sector, series of model tax conventions, multinational corporations

JEL: D79, G30, G39

Khodzitskaya V. . Avoidance of double taxation of income: world tendencies / V. Khodzitskaya // Фінанси України. - 2019. - № 4. - C. 79-96.

Article original in Ukrainian (pp. 79 - 96)

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