Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine

Natalie Yuriivna Shevchenko; Shulga Ievgenii Viktorovych

doi:doi:10.11648/j.ijefm.20190704.12

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Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine

Natalie Yuriivna Shevchenko, Shulga Ievgenii Viktorovych

Published in International Journal of Economics, Finance and Management Sciences (Volume 7, Issue 4)

Received: 3 July 2019 Accepted: 20 August 2019 Published: 6 September 2019

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Abstract

Taxation of foreign economic operations is carried out by applying tariff and non-tariff regulatory methods and is based on the use of tax policy instruments ‒ customs duty, excise duty and VAT. Having defined its foreign economic and tax policy, the state determines the direction for development, as well as the strategy and tactics to achieve the goal through foreign economic operations. Based on the generalization of theoretical foundations, it is determined that foreign economic operations are a type of foreign economic activity aimed at implementing a trade agreement between countries. The customs duty is of the utmost importance in taxation. By economic nature, it is an integral part of the taxation of foreign economic operations. During the research process the economic importance of customs duty was deepened and determined that, unlike other indirect taxes, which are primarily aimed at fiscal purposes, customs duty is a tool for financial regulation of the country's economy, namely it stimulates inefficient domestic production and perform other functions for foreign trade development. The theoretical, methodological and practical provisions concerning taxation of foreign economic operations with agricultural products and assessment of its functioning efficiency in conditions of Ukrainian integration into the EU are studied. A comprehensive approach to the implementation of the regulation in foreign economic operations with agricultural products is proposed. The directions to improve taxation of foreign economic operations are substantiated.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 7, Issue 4) This article belongs to the Special Issue Taxation of Foreign Economic Operations with Agricultural Products
DOI	10.11648/j.ijefm.20190704.12
Page(s)	103-106
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Indirect Taxation, Customs Duty, Foreign Economic Activity and Operations, Agricultural Products, Customs Tariff Regulations, EU

References

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[4]	Kireev, A. (2002). International Economics. Part I. International microeconomics: movement of goods and factors of production [Mezhdunarodnaya ekonomika. Part I. Mezhdunarodnaya mikroekonomika: dvizhenie tovarov i faktorov proizvodstva]. Moscow: International Attitude.
[5]	Labenko, O. M., & Shevchenko, N. Yu. (2015). Assessment of the system of tax regulation of agricultural commodity producers in Ukraine [Otsinka systemy podatkovoho rehuliuvannia silskohospodarskykh tovarovyrobnykiv Ukrainy]. Scientific works of Poltava State Agrarian Academy, 360.
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[9]	Shpichak, O. O. (2004). Opodatkuvannia eksportno-importnykh operatsii z produktsiieiu roslynnytstva [Taxation of export-import operations with crop production]. Kyiv: NNC IAE.
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Natalie Yuriivna Shevchenko, Shulga Ievgenii Viktorovych. (2019). Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine. International Journal of Economics, Finance and Management Sciences, 7(4), 103-106. https://doi.org/10.11648/j.ijefm.20190704.12

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ACS Style

Natalie Yuriivna Shevchenko; Shulga Ievgenii Viktorovych. Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine. Int. J. Econ. Finance Manag. Sci. 2019, 7(4), 103-106. doi: 10.11648/j.ijefm.20190704.12

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AMA Style

Natalie Yuriivna Shevchenko, Shulga Ievgenii Viktorovych. Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine. Int J Econ Finance Manag Sci. 2019;7(4):103-106. doi: 10.11648/j.ijefm.20190704.12

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@article{10.11648/j.ijefm.20190704.12,
  author = {Natalie Yuriivna Shevchenko and Shulga Ievgenii Viktorovych},
  title = {Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {7},
  number = {4},
  pages = {103-106},
  doi = {10.11648/j.ijefm.20190704.12},
  url = {https://doi.org/10.11648/j.ijefm.20190704.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20190704.12},
  abstract = {Taxation of foreign economic operations is carried out by applying tariff and non-tariff regulatory methods and is based on the use of tax policy instruments ‒ customs duty, excise duty and VAT. Having defined its foreign economic and tax policy, the state determines the direction for development, as well as the strategy and tactics to achieve the goal through foreign economic operations. Based on the generalization of theoretical foundations, it is determined that foreign economic operations are a type of foreign economic activity aimed at implementing a trade agreement between countries. The customs duty is of the utmost importance in taxation. By economic nature, it is an integral part of the taxation of foreign economic operations. During the research process the economic importance of customs duty was deepened and determined that, unlike other indirect taxes, which are primarily aimed at fiscal purposes, customs duty is a tool for financial regulation of the country's economy, namely it stimulates inefficient domestic production and perform other functions for foreign trade development. The theoretical, methodological and practical provisions concerning taxation of foreign economic operations with agricultural products and assessment of its functioning efficiency in conditions of Ukrainian integration into the EU are studied. A comprehensive approach to the implementation of the regulation in foreign economic operations with agricultural products is proposed. The directions to improve taxation of foreign economic operations are substantiated.},
 year = {2019}
}

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TY  - JOUR
T1  - Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine
AU  - Natalie Yuriivna Shevchenko
AU  - Shulga Ievgenii Viktorovych
Y1  - 2019/09/06
PY  - 2019
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DO  - 10.11648/j.ijefm.20190704.12
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JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
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VL  - 7
IS  - 4
ER  -

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Author Information

Natalie Yuriivna Shevchenko

Department of Finance, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine
Shulga Ievgenii Viktorovych

Department of International and Comparative Law, National University of Life and Environmental Science of Ukraine, Kyiv, Ukraine

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APA Style

Natalie Yuriivna Shevchenko, Shulga Ievgenii Viktorovych. (2019). Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine. International Journal of Economics, Finance and Management Sciences, 7(4), 103-106. https://doi.org/10.11648/j.ijefm.20190704.12

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ACS Style

Natalie Yuriivna Shevchenko; Shulga Ievgenii Viktorovych. Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine. Int. J. Econ. Finance Manag. Sci. 2019, 7(4), 103-106. doi: 10.11648/j.ijefm.20190704.12

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AMA Style

Natalie Yuriivna Shevchenko, Shulga Ievgenii Viktorovych. Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine. Int J Econ Finance Manag Sci. 2019;7(4):103-106. doi: 10.11648/j.ijefm.20190704.12

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@article{10.11648/j.ijefm.20190704.12,
  author = {Natalie Yuriivna Shevchenko and Shulga Ievgenii Viktorovych},
  title = {Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {7},
  number = {4},
  pages = {103-106},
  doi = {10.11648/j.ijefm.20190704.12},
  url = {https://doi.org/10.11648/j.ijefm.20190704.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20190704.12},
  abstract = {Taxation of foreign economic operations is carried out by applying tariff and non-tariff regulatory methods and is based on the use of tax policy instruments ‒ customs duty, excise duty and VAT. Having defined its foreign economic and tax policy, the state determines the direction for development, as well as the strategy and tactics to achieve the goal through foreign economic operations. Based on the generalization of theoretical foundations, it is determined that foreign economic operations are a type of foreign economic activity aimed at implementing a trade agreement between countries. The customs duty is of the utmost importance in taxation. By economic nature, it is an integral part of the taxation of foreign economic operations. During the research process the economic importance of customs duty was deepened and determined that, unlike other indirect taxes, which are primarily aimed at fiscal purposes, customs duty is a tool for financial regulation of the country's economy, namely it stimulates inefficient domestic production and perform other functions for foreign trade development. The theoretical, methodological and practical provisions concerning taxation of foreign economic operations with agricultural products and assessment of its functioning efficiency in conditions of Ukrainian integration into the EU are studied. A comprehensive approach to the implementation of the regulation in foreign economic operations with agricultural products is proposed. The directions to improve taxation of foreign economic operations are substantiated.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine
AU  - Natalie Yuriivna Shevchenko
AU  - Shulga Ievgenii Viktorovych
Y1  - 2019/09/06
PY  - 2019
N1  - https://doi.org/10.11648/j.ijefm.20190704.12
DO  - 10.11648/j.ijefm.20190704.12
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 103
EP  - 106
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20190704.12
AB  - Taxation of foreign economic operations is carried out by applying tariff and non-tariff regulatory methods and is based on the use of tax policy instruments ‒ customs duty, excise duty and VAT. Having defined its foreign economic and tax policy, the state determines the direction for development, as well as the strategy and tactics to achieve the goal through foreign economic operations. Based on the generalization of theoretical foundations, it is determined that foreign economic operations are a type of foreign economic activity aimed at implementing a trade agreement between countries. The customs duty is of the utmost importance in taxation. By economic nature, it is an integral part of the taxation of foreign economic operations. During the research process the economic importance of customs duty was deepened and determined that, unlike other indirect taxes, which are primarily aimed at fiscal purposes, customs duty is a tool for financial regulation of the country's economy, namely it stimulates inefficient domestic production and perform other functions for foreign trade development. The theoretical, methodological and practical provisions concerning taxation of foreign economic operations with agricultural products and assessment of its functioning efficiency in conditions of Ukrainian integration into the EU are studied. A comprehensive approach to the implementation of the regulation in foreign economic operations with agricultural products is proposed. The directions to improve taxation of foreign economic operations are substantiated.
VL  - 7
IS  - 4
ER  -

Copy | Download