№ 4/2022

№ 4/2022

Nauk. pr. NDFI 2022 (4): 5–18https://doi.org/10.33763/npndfi2022.04.005

TAX POLICY

VOROBEI Svitlana ¹, OLIINYK Yana ², FEDORCHENKO Olha ³

¹The Ministry of Finance of Ukraine
²SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0001-5895-282X
³SHEE “Kyiv National Economic University named after Vadym Hetman
OrcID ID : https://orcid.org/0000-0002-9605-0947

Advantages and threats of the implementation of international initiatives on overcoming the challenges that arise in the field of taxation as a result of digitalization

The current trend in the development of the international tax system is reforming the taxation system of large business in the context of overcoming tax challenges that arise as a result of the digitalization of the economy. There is currently an active debate on OECD-initiated approaches related to the redistribution the taxing rights of the retained earnings of highly profitable multinational enterprises in favor of the jurisdictions in which the user and/or consumer is located and the introduction of a global minimum tax. Ukraine's political focus on joining the OECD postulates support for OECD initiatives, which necessitates the study of the mentioned trends, their generalization and scientific substantiation of the directions of implementation. The specified aspects were the subject of the presented work. The search for ways to realize the national interests of Ukraine during the implementation of the Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From the Digitalisation of the Economy (Pillar 1) involves intensifying cooperation with EU financial and specialized research institutions for the development of joint solutions and a better understanding of the prospects of our state in this context.

Keywords:tax system, international taxation, OECD, fiscal regulation, economic development, Pillar 1, international taxation, international group of companies, income tax, digitization, avoidance of double taxation

JEL: H21, H87

Vorobei S. . Advantages and threats of the implementation of international initiatives on overcoming the challenges that arise in the field of taxation as a result of digitalization / S. Vorobei, Y. Oliinyk, O. Fedorchenko // Наукові праці НДФІ. - 2022. - № 4. - C. 5-18.

Article original in Ukrainian (pp. 5 - 18)

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