Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Tax amnesty as a means of fulfillment of beps requirements for implementation of tax transparency: experience of Ukraine and EU countries

Author(s): Olga Dmytryk, Kateryna Tokarieva, Dmytro Kobylnik, Artem Kotenko, Oksana Makukh

The article is dedicated to analysis of tax amnesty as a means of fulfilling BEPS requirements in Ukraine and abroad. It is emphasized that the implementation of the BEPS Action Plan in Ukraine should ensure the application of unified requirements for the transparency of doing business according to international standards, increasing the efficiency of tax regulation, as well as financial stability in the context of the transition to free movement of capital. Within this framework, it is also advisable to have a language about harmonizing the requirements of the current legislation with the realities of the development of the modern legislation of the G20 countries, in particular, on the implementation of generally accepted standards for combating aggressive tax planning. Features and functions of tax amnesty are highlighted. It is proposed to improve the legal mechanism of tax amnesty through the consolidation of indirect methods for determining tax liabilities of taxpayers in the future.

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