Natalia V. Filippova, 74_04
Monday, 10 July 2017 02:19 | Author: Покотиленко Р.В. | 
Natalia V. Filippova
The Institute of the Economy of Industry of the NAS of Ukraine.
Address: 03680, Ukraine, MSP, Kyiv, 2 Gelabov Str.
Tel.: 38 050 630 56 97. E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
Directions of VAT rate harmonisation in Ukraine in context of international trade relations
Section: Macroeconomic and regional problems of industrial development
Ekon. promisl. 2016, 74(2): 49-73
https://doi.org/
Language: Ukrainian
| Full text (PDF)
References
Bahl, R. (1971). A Regression Approach to Tax Effort and Tax Ratio Analysis. Staff Papers-International Monetary Fund, 3(18), 570-612.
European Comission (2011). Communication from the commission to the European parliament, the council and the European economic and social committee on the future of VAT: Towards a simpler, more robust and efficient VAT system tailored to the single market. COM(2011) 851 final. Bruxelles: European Comission.
Council of the European Commission (2006). Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax. Official Journal of the European Union, 11 December, L347-L347.
Council of the European Commission (1992). Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code. Official Journal, 19 October, L 302, 0001-0050.
Feldman, A., & Serrano, R. (2006). Welfare economics and social choice theory. Germany. Basel: Birkhäuser Publishing Ltd.
Frenkel, J., Razin, A., & Symansky, S. (1991, March). International VAT harmonization: economic effect. NBER: NBER working paper series, 3656.
TMF-Group (2015). International VAT rates. Retrieved from http://www.tmf-vat.com/international-vat-rates.html.
Keen, M. (1989). Pareto-improving indirect tax harmonization. European Economic Review, 33(1), 1-12.
Keen, M., Lockwood, B. (2010). The value added tax: Its causes and consequences. Journal of Development Economics, 92(2), 138-151. DOI: http://dx.doi.org/10.1016/j.jdeveco.2009.01.012.
Keen, M. (1987). Welfare effects of commodity tax harmonization. Journal of Public Economics, 33(1), 107-114.
Feldstein, M., & Krugman, P. (1989). International trade effects of value-added taxation. In Taxation in the Global Economy. NBER working paper series. 3163.
Li, C., & Whalley, J. (2011). Rebalancing and Chinese VAT: Some numerical simulation results. NBER working paper series. 16686.
López-García, M. (2004). Welfare, revenue and indirect tax harmonization under the origin principle. Hacienda Pública Española, 168(1), 9-25.
Belorus, O., & Gavriljuk, О. (2015). Strategic imperatives of adaptation and transformation Foreign trade activity of Ukraine in the conditions of European integration. Economika Ukrayiny, 11(640), 4-16 [in Ukrainian].
Betliy, O., Dzhuchchi, R., & Kirkhner, R. (2013). VAT in Ukraine: will another indirect tax work better? Kyiv: The Institute for economic research and police consulting [in Ukrainian].
Cina derzhavy (2016). Budget of Ukraine. Revenues. Retrieved from http://cost.ua/budget/revenue/ [in Ukrainian].
State Treasury Service of Ukraine (2015). Information on the implementation of the state budget of Ukraine on income in January-December 2014 (according to operational data). Retrieved from http://www.treasury.gov.ua/main/uk/publish/article/241878 [in Ukrainian].
State Statistics Service of Ukraine (2010). Activities of business entities: statistical compilation for 2009. Kyiv: Informatsiyno-analitychne ahentstvo [in Ukrainian].
State Statistics Service of Ukraine (2011). Activities of business entities: statistical compilation for 2010. Kyiv: Informatsiyno-analitychne ahentstvo [in Ukrainian].
State Statistics Service of Ukraine (2015). Activities of business entities: a statistical compilation for 2014. Kyiv: Konsul'tant [in Ukrainian].
Verkhovna Rada of Ukraine (2014). The Law of Ukraine "On Ensuring the Rights and Freedoms of Citizens and the Legal Regime in the Temporarily Occupied Territory of Ukraine" of April 15, 2014, No 1207-VII. Vidomosti Verkhovnoyi rady Ukrayiny, 26(2172), St. 892 [in Ukrainian].
Verkhovna Rada of Ukraine (2014). The Law of Ukraine "On the prevention of financial catastrophe and the creation of prerequisites for economic growth in Ukraine" of March 27, 2014, No. 1166-VII. Vidomosti Verkhovnoyi rady Ukrayiny, 20-21(1684), St. 745 [in Ukrainian].
Verkhovna Rada of Ukraine (2010). The Law of Ukraine "About the planting of internal and external occupations" of December 01, 2010, № 2411-VI. Vidomosti Verkhovnoyi rady Ukrayiny, 40, St. 527 [in Ukrainian].
Verkhovna Rada of Ukraine (2010). The Law of Ukraine "On Foreign Economic Activity" of April 16, 1991, No 959-XII. Vidomosti Verkhovnoyi rady USSR, 29, St. 377 [in Ukrainian].
State Statistics Service of Ukraine (2016). Foreign economic activity Retrieved from ukrstat.gov.ua/operative/menu/menu_u/zed.htm [in Ukrainian].
State Statistics Service of Ukraine (2016). International economic activity. Methodological notes. Retrieved from ukrstat.gov.ua/operativ/operative2005/zd/zd_rik/zd_u/zd_met.html [in Ukrainian].
Gusakov, N., Rjazancev, S., & Shkvarja, L. et al. (2009). Integration of Russia into the world economy. Moscow: RUDN University [in Russian].
Kmit', V. (2012). Problems of VAT reimbursement and the role of information technologies in their solution. Ekonomika ta upravlinnya pidpryyemstvamy mashynobudivnoyi haluzi, 3(19), 19-35 [in Ukrainian].
Krysovatyy, A., & Koshchuk, T. (2009). Influence of the deepening of integration on the tax policy of the EU member states. Financy Ukrayiny, 2, 31-43 [in Ukrainian].
Lopatnikov, L. (2003). Economic and mathematical dictionary. Dictionary of modern economics. Moscow: Delo [in Russian].
Verkhovna rada Ukrayiny (2012). Customs Code of Ukraine of March 3, 2012, No 4495-VI. Vidomosti Verkhovnoyi rady Ukrayiny, 44-45, 46-47, 48. St. 552 [in Ukrainian].
State Statistics Service of Ukraine (2016). National accounts. Change in the deflator of the gross domestic product (quarterly indicators). Retrieved from ukrstat.gov.ua/operativ/operative2012/vvp/def_vvp/arh_def_u.html [in Ukrainian].
News.dtkt.ua (2016). New season of tax wars. Or the Council will change the VAT reimbursement scheme. Retrieved from https://news.dtkt.ua/ua/taxation/pdv/37965 [in Ukrainian].
Ostrikova, T. (2016). Draft Law of Ukraine On Amendments to the Tax Code of Ukraine Concerning the Protection of the Rights of Value-Added Tax Payers of January 25, 2016, No 3810. Retrieved from http://w1.c1.rada.gov.ua/pls/zweb2/webproc4_1?pf3511=57722 [in Ukrainian].
National Bank of Ukraine (2016). Official exchange rate of the hryvnia against foreign currencies. Retrieved from http://www.bank.gov.ua/files/Exchange_r.xls [in Ukrainian].
Ocheretko, L., Horyachkovs' ka, Y. (2014). Automatic budget refund of VAT to payers with a positive tax history for export operations. Stalyy rozvytok ekonomiky, 1(23), 227-234 [in Ukrainian].
Verkhovna Rada of Ukraine (2010). Tax Code of Ukraine of December 2, 2010, № 2755-VI. Vidomosti Verkhovnoyi Rady Ukrayiny, 13-14/15-16/17, St. 112 [in Ukrainian].
Cabinet of Ministers of Ukraine (2012). Decree of the Cabinet of Ministers of Ukraine On the approval of the criteria under which the payer of value-added tax is considered to have a positive tax history of January 25, 2012, No 73, Act code 60406/2012. Ofitsiynyy visnyk Ukrayiny, 11 [in Ukrainian].
Prokopenko, R. (2008). Selection of industries for building a model of the economy of the region when planning the budget. Modeli upravlenija v rynochnoj jekonomike, 11, 77-86 [in Russian].
Skrypnyk, A., & Payanok, T. (2008). Fiscal efficiency and possible ways of transforming VAT VAT in Ukraine. Economika Ukrayiny, 4, 29-42 [in Ukrainian].
Slyusarenko, V., & Filip, K. (2014). Features of taxation of value added tax and its economic feasibility. Naukovyy visnyk Uzhhorods'koho universytetu, 1(42), 218-222 [in Ukrainian].
Verkhovna Rada of Ukraine (2014). Agreement on the Association between Ukraine, on the one hand, and the European Union, etc. Retrieved from http://zakon4.rada.gov.ua/laws/show/984_011/page [in Ukrainian].
Shevchuk, V., & Rymars'ka, R. (2008). Harmonization of tax legislation in the countries of the European Union: experience for Ukraine. Stratehichni priorytety, 3(8), 100-111 [in Ukrainian].
The Institute of the Economy of Industry of the NAS of Ukraine.
Address: 03680, Ukraine, MSP, Kyiv, 2 Gelabov Str.
Tel.: 38 050 630 56 97. E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
Directions of VAT rate harmonisation in Ukraine in context of international trade relations
Section: Macroeconomic and regional problems of industrial development
Ekon. promisl. 2016, 74(2): 49-73
https://doi.org/
Language: Ukrainian
Abstract: Ukraine faces the necessity to fulfill the requirements of Association agreement between Ukraine and EU. One of them is the harmonization of the tax legislation and tax system, particularly - value added tax (VAT). This demand is due to the fact that VAT has become the tax that allowed Europe further convergence and trade intensification after border and customs control mitigation. Furthermore, revenues from this tax contribute up to 7 percent of all tax revenues to the budgets of EU member countries. That, in turn, allows national governments to perform economic, social and other programs. But the directions of harmonization (especially of tax rates) must be carefully chosen. In this sense economic and mathematical models can be useful.After conducting thorough analysis of existing models of VAT harmonization and their shortcomings the model of VAT harmonization for Ukraine has been made. It consists of several parts: 1) allocation of criteria of selection of countries that have trade relations with Ukraine; 2) selection of such countries; 3) calculation of harmonized standard VAT rate; 4) defining the influence of harmonized standard VAT rate on VAT revenues of the budget of Ukraine. According to the estimations of the influence of harmonized standard VAT rate on VAT revenues of the budget of Ukraine the recommendations on the choice of harmonized VAT rate have been made. It was noted in the paper that harmonization of VAT rate will not be sufficient for intensifying international trade and process of integration with EU. The state program of international policy, as well as improvement of political and economic situation is needed. And as for the VAT in the context of international trade relations the advancing of the automatic refund of export VAT mechanism is urgent for Ukraine.
Keywords: integration; international trade relations; VAT; tax rate; harmonisation; tax revenues.
Keywords: integration; international trade relations; VAT; tax rate; harmonisation; tax revenues.
| Full text (PDF)
References
Bahl, R. (1971). A Regression Approach to Tax Effort and Tax Ratio Analysis. Staff Papers-International Monetary Fund, 3(18), 570-612.
European Comission (2011). Communication from the commission to the European parliament, the council and the European economic and social committee on the future of VAT: Towards a simpler, more robust and efficient VAT system tailored to the single market. COM(2011) 851 final. Bruxelles: European Comission.
Council of the European Commission (2006). Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax. Official Journal of the European Union, 11 December, L347-L347.
Council of the European Commission (1992). Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code. Official Journal, 19 October, L 302, 0001-0050.
Feldman, A., & Serrano, R. (2006). Welfare economics and social choice theory. Germany. Basel: Birkhäuser Publishing Ltd.
Frenkel, J., Razin, A., & Symansky, S. (1991, March). International VAT harmonization: economic effect. NBER: NBER working paper series, 3656.
TMF-Group (2015). International VAT rates. Retrieved from http://www.tmf-vat.com/international-vat-rates.html.
Keen, M. (1989). Pareto-improving indirect tax harmonization. European Economic Review, 33(1), 1-12.
Keen, M., Lockwood, B. (2010). The value added tax: Its causes and consequences. Journal of Development Economics, 92(2), 138-151. DOI: http://dx.doi.org/10.1016/j.jdeveco.2009.01.012.
Keen, M. (1987). Welfare effects of commodity tax harmonization. Journal of Public Economics, 33(1), 107-114.
Feldstein, M., & Krugman, P. (1989). International trade effects of value-added taxation. In Taxation in the Global Economy. NBER working paper series. 3163.
Li, C., & Whalley, J. (2011). Rebalancing and Chinese VAT: Some numerical simulation results. NBER working paper series. 16686.
López-García, M. (2004). Welfare, revenue and indirect tax harmonization under the origin principle. Hacienda Pública Española, 168(1), 9-25.
Belorus, O., & Gavriljuk, О. (2015). Strategic imperatives of adaptation and transformation Foreign trade activity of Ukraine in the conditions of European integration. Economika Ukrayiny, 11(640), 4-16 [in Ukrainian].
Betliy, O., Dzhuchchi, R., & Kirkhner, R. (2013). VAT in Ukraine: will another indirect tax work better? Kyiv: The Institute for economic research and police consulting [in Ukrainian].
Cina derzhavy (2016). Budget of Ukraine. Revenues. Retrieved from http://cost.ua/budget/revenue/ [in Ukrainian].
State Treasury Service of Ukraine (2015). Information on the implementation of the state budget of Ukraine on income in January-December 2014 (according to operational data). Retrieved from http://www.treasury.gov.ua/main/uk/publish/article/241878 [in Ukrainian].
State Statistics Service of Ukraine (2010). Activities of business entities: statistical compilation for 2009. Kyiv: Informatsiyno-analitychne ahentstvo [in Ukrainian].
State Statistics Service of Ukraine (2011). Activities of business entities: statistical compilation for 2010. Kyiv: Informatsiyno-analitychne ahentstvo [in Ukrainian].
State Statistics Service of Ukraine (2015). Activities of business entities: a statistical compilation for 2014. Kyiv: Konsul'tant [in Ukrainian].
Verkhovna Rada of Ukraine (2014). The Law of Ukraine "On Ensuring the Rights and Freedoms of Citizens and the Legal Regime in the Temporarily Occupied Territory of Ukraine" of April 15, 2014, No 1207-VII. Vidomosti Verkhovnoyi rady Ukrayiny, 26(2172), St. 892 [in Ukrainian].
Verkhovna Rada of Ukraine (2014). The Law of Ukraine "On the prevention of financial catastrophe and the creation of prerequisites for economic growth in Ukraine" of March 27, 2014, No. 1166-VII. Vidomosti Verkhovnoyi rady Ukrayiny, 20-21(1684), St. 745 [in Ukrainian].
Verkhovna Rada of Ukraine (2010). The Law of Ukraine "About the planting of internal and external occupations" of December 01, 2010, № 2411-VI. Vidomosti Verkhovnoyi rady Ukrayiny, 40, St. 527 [in Ukrainian].
Verkhovna Rada of Ukraine (2010). The Law of Ukraine "On Foreign Economic Activity" of April 16, 1991, No 959-XII. Vidomosti Verkhovnoyi rady USSR, 29, St. 377 [in Ukrainian].
State Statistics Service of Ukraine (2016). Foreign economic activity Retrieved from ukrstat.gov.ua/operative/menu/menu_u/zed.htm [in Ukrainian].
State Statistics Service of Ukraine (2016). International economic activity. Methodological notes. Retrieved from ukrstat.gov.ua/operativ/operative2005/zd/zd_rik/zd_u/zd_met.html [in Ukrainian].
Gusakov, N., Rjazancev, S., & Shkvarja, L. et al. (2009). Integration of Russia into the world economy. Moscow: RUDN University [in Russian].
Kmit', V. (2012). Problems of VAT reimbursement and the role of information technologies in their solution. Ekonomika ta upravlinnya pidpryyemstvamy mashynobudivnoyi haluzi, 3(19), 19-35 [in Ukrainian].
Krysovatyy, A., & Koshchuk, T. (2009). Influence of the deepening of integration on the tax policy of the EU member states. Financy Ukrayiny, 2, 31-43 [in Ukrainian].
Lopatnikov, L. (2003). Economic and mathematical dictionary. Dictionary of modern economics. Moscow: Delo [in Russian].
Verkhovna rada Ukrayiny (2012). Customs Code of Ukraine of March 3, 2012, No 4495-VI. Vidomosti Verkhovnoyi rady Ukrayiny, 44-45, 46-47, 48. St. 552 [in Ukrainian].
State Statistics Service of Ukraine (2016). National accounts. Change in the deflator of the gross domestic product (quarterly indicators). Retrieved from ukrstat.gov.ua/operativ/operative2012/vvp/def_vvp/arh_def_u.html [in Ukrainian].
News.dtkt.ua (2016). New season of tax wars. Or the Council will change the VAT reimbursement scheme. Retrieved from https://news.dtkt.ua/ua/taxation/pdv/37965 [in Ukrainian].
Ostrikova, T. (2016). Draft Law of Ukraine On Amendments to the Tax Code of Ukraine Concerning the Protection of the Rights of Value-Added Tax Payers of January 25, 2016, No 3810. Retrieved from http://w1.c1.rada.gov.ua/pls/zweb2/webproc4_1?pf3511=57722 [in Ukrainian].
National Bank of Ukraine (2016). Official exchange rate of the hryvnia against foreign currencies. Retrieved from http://www.bank.gov.ua/files/Exchange_r.xls [in Ukrainian].
Ocheretko, L., Horyachkovs' ka, Y. (2014). Automatic budget refund of VAT to payers with a positive tax history for export operations. Stalyy rozvytok ekonomiky, 1(23), 227-234 [in Ukrainian].
Verkhovna Rada of Ukraine (2010). Tax Code of Ukraine of December 2, 2010, № 2755-VI. Vidomosti Verkhovnoyi Rady Ukrayiny, 13-14/15-16/17, St. 112 [in Ukrainian].
Cabinet of Ministers of Ukraine (2012). Decree of the Cabinet of Ministers of Ukraine On the approval of the criteria under which the payer of value-added tax is considered to have a positive tax history of January 25, 2012, No 73, Act code 60406/2012. Ofitsiynyy visnyk Ukrayiny, 11 [in Ukrainian].
Prokopenko, R. (2008). Selection of industries for building a model of the economy of the region when planning the budget. Modeli upravlenija v rynochnoj jekonomike, 11, 77-86 [in Russian].
Skrypnyk, A., & Payanok, T. (2008). Fiscal efficiency and possible ways of transforming VAT VAT in Ukraine. Economika Ukrayiny, 4, 29-42 [in Ukrainian].
Slyusarenko, V., & Filip, K. (2014). Features of taxation of value added tax and its economic feasibility. Naukovyy visnyk Uzhhorods'koho universytetu, 1(42), 218-222 [in Ukrainian].
Verkhovna Rada of Ukraine (2014). Agreement on the Association between Ukraine, on the one hand, and the European Union, etc. Retrieved from http://zakon4.rada.gov.ua/laws/show/984_011/page [in Ukrainian].
Shevchuk, V., & Rymars'ka, R. (2008). Harmonization of tax legislation in the countries of the European Union: experience for Ukraine. Stratehichni priorytety, 3(8), 100-111 [in Ukrainian].
