scholarly journals The results of implementation of european requirements in management of transfer pricing audit (experience of Ukraine)

2020 ◽  
Vol 11 (9) ◽  
pp. 2417
Author(s):  
Valeriia Fesenko ◽  
Olena Vakulchyk ◽  
Olexandr Guba ◽  
Serhii Ostapchuk ◽  
Iryna Babich
Keyword(s):  
Control System ◽  
Cost Effectiveness ◽  
Economic Activity ◽  
Transfer Pricing ◽  
Tax Planning ◽  
The State ◽  
Income Taxation ◽  
State Control ◽  
Profit Shifting ◽  
Current Trends

Since 2017 four of fifteen steps of the BEPS plan (base erosion and profit shifting) have been introduced in Ukraine to resist various areas of aggressive tax planning. The implementation of the BEPS plan is primarily made through frame working a transfer pricing control system in Ukraine, which aims to reduce illegal tax sheltering through foreign economic transactions with interdependent or interested parties as well as through transactions with contractors that are registered or make business in low-tax jurisdictions. The purpose of this study is to evaluate the results of implementation of European requirements in the system of audit of foreign economic activity in Ukraine. The study is based on data from the State Statistics Committee of Ukraine, the State Fiscal Service of Ukraine for 2015-2019.The article identifies the amounts of Ukrainian exports (imports) to (from) low-tax jurisdictions, analyzes the controlled exports and imports by geographical segment. The study presents evidence of the use of transfer pricing mechanisms by Ukrainian companies to optimize income taxation, which is contrary to the interests of the state. Therefore, a special need consists in improvement of the state control over operations of the foreign economic activity. The changes and current trends in foreign economic operations during the implementation of transfer pricing controls since 2013 in accordance with the BEPS plan were examined. This study proves that immediately after expanding the list of low tax jurisdictions, there has been a significant fall in the volume of controlled exports and imports, which we regard as a loss of cost-effectiveness of trade operations through low tax jurisdictions due to increased controls and enlarged list of territories, transactions through which are under strict control.

RISK MANAGEMENT SYSTEM IN THE CUSTOMS POLICY MECHANISM

2020 ◽  
Vol 13 (2) ◽  
pp. 51-57
Author(s):  
V.N. Glaz ◽  
◽  
V.I. Berezhnoy ◽  
T.G. Martseva ◽  
E.V. Berezhnaya ◽  
...  
Keyword(s):  
Public Relations ◽  
Economic Activity ◽  
The State ◽  
The Other ◽  
State Control ◽  
Economic Interests ◽  
Economic Relations ◽  
International Economic Relations ◽  
Common Interests ◽  
The One

The mechanism of public policy in the regulation of public relations is built on the skillful combination of prohibitions of restrictions on the one hand, and laxity and opportunities on the other. But weakening state control may increase the level of risk to relationships. This is most clearly evident in international economic relations, where not only individual States that assume responsibility by becoming parties to conventions, agreements and treaties, but also individuals and entities that do not always support the policy of the State in the practice of implementing signed contracts, are parties. Russia pays special attention to a reasonable combination of the country’s economic interests and common interests within the framework of integration associations. The Russian customs authorities, represented by the Federal Customs Service, are one of the agents of state policy in this regard. The purpose of the activity is not only to administer the revenues from foreign economic activity to the budget, but also to protect the economic interests of the state, the participants of the foreign economic activity, professional intermediaries and individual consumers. Therefore, the development of a comprehensive policy of monitoring and assessment of customs risks will reduce the efforts of customs authorities to prevent possible offenses, and thus protect the interests of participants in foreign trade at any level.

scholarly journals Tax planning as an effective method to reduce the tax burden of organizations in the Russian Federation

2020 ◽  
Vol 210 ◽  
pp. 13007
Author(s):  
Elena Sivolapenko ◽  
Ekaterina Sapozhnikova
Keyword(s):  
Cost Effectiveness ◽  
Economic System ◽  
Russian Federation ◽  
Tax Planning ◽  
The State ◽  
Planning Method ◽  
Tax Burden ◽  
Tax System ◽  
Tax Regimes ◽  
The Russian Federation

Taxes are an integral part of the economic system, not only of any state, but also of each individual organization. The influence of the tax system on the state and development of the economy is an indisputable fact. Tax planning is an effective tool to reduce the tax burden of organizations in the Russian Federation. However, today it is not a recognized method of reducing the costs of an organization, despite its cost-effectiveness, legality and stability. The purpose of this article is to study the tax planning method as an effective tool to reduce the tax burden used by organizations in the Russian Federation. The result of the study is the analysis of the calculations of the tax burden of the organization when applying various tax regimes provided for by the current legislation for individual entrepreneurs.

Determining the state of a process control system: Current trends and future challenges

2011 ◽  
Vol 90 (2) ◽  
pp. 217-245 ◽  
Author(s):  
Y. Shardt ◽  
Y. Zhao ◽  
F. Qi ◽  
K. Lee ◽  
X. Yu ◽  
...  
Keyword(s):  
Control System ◽  
Process Control ◽  
Process Control System ◽  
The State ◽  
Current Trends ◽  
Future Challenges

scholarly journals Applications of Blockchain in Taxation: New Administrative Opportunities

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 442-452
Author(s):  
Larisa Petrovna Grundel ◽  
Irina Aleksandrovna Zhuravleva ◽  
Olga Valentinovna Mandroshchenko ◽  
Anastasia Viktorovna Kniazeva ◽  
Yulia Yurevna Kosenkova
Keyword(s):  
Cost Effectiveness ◽  
Transaction Costs ◽  
Transfer Pricing ◽  
Fraud Detection ◽  
The State ◽  
Tax Administration ◽  
Smart Contracts ◽  
Tax System ◽  
Blockchain Technology ◽  
Data Structuring

The purpose of this article is to consider the prospects of using blockchain technology in taxation. The article discusses the essence of blockchain and its possible implementation in the tax system. The study focuses on the benefits of blockchain as one of the most promising methods of improving and simultaneously simplifying the tax system for both the state and taxpayers. The main focus of the study was on the specifics of the implementation of blockchain in tax administration, for example, data structuring, cost-effectiveness, security (fraud detection), decentralized accounting technology (transparency), verification of transfer pricing, and the use of smart contracts. Blockchain can reconstruct accounting and automate the method of payments, transfers, and asset accounting. In the conclusions, the authors identify such potential advantages of implementing blockchain in tax administration as reducing transaction costs, faster, more transparent, and efficient taxation function.

Automatic Speed Control Algorithm Study Based on Fuzzy-Predictive Control Logic

2012 ◽  
Vol 195-196 ◽  
pp. 1163-1168 ◽  
Author(s):  
Jian Zhi Yu ◽  
Yong Sheng Chen
Keyword(s):  
Control System ◽  
Predictive Control ◽  
Control Algorithm ◽  
Formal Method ◽  
Speed Control ◽  
The State ◽  
State Control ◽  
Control Logic ◽  
Speed Control System ◽  
Fuzzy Predictive Control

In order to solve the state control problems of the train automatic speed control system, improve the efficiency of the train automatic speed-control and reduce the state switching transition, a kind of train automatic speed control algorithm has been proposed. Based on the fuzzy-predictive control logic, use the formal method, design the state control mechanism, and build the automatic speed-control system model. Using anti-interference design, the data analysis and the simulation test have been accomplished. And the results show that the algorithm is feasible.

scholarly journals CURRENT TRENDS IN THE DEVELOPMENT OF FOREIGN ECONOMIC ACTIVITY OF UKRAINE

2021 ◽  
Vol 1 (54) ◽  
Author(s):  
Olha K. Kotko ◽  
Keyword(s):  
Economic Development ◽  
Economic Activity ◽  
Import Substitution ◽  
Value Added ◽  
The State ◽  
Balance Of Payments ◽  
Investment Activity ◽  
Use Of Resources ◽  
Current Trends ◽  
Investment Opportunities

The article examines the directions of the country’s foreign trade balancing, taking into account the development vector of Ukraine’s investment potential. The author analyzed the balance of payments of the state and the strategy formation to reduce the balance of payments deficit and improving of the state of investment activity. Today, attention is growing to the importance not only of the country’s balance of payments, but also to the international investment position. One of the areas of government policy which can create conditions for economic development is the balance of payments and the transition to the surplus trade. That is why, in the context of internationalization of economic relations, the effective use of resources and investment potential of the country get crucial place. The main strategic goal of public policy should be the development vector of foreign economic activity of the country, with an effective policy to support domestic enterprisers, export orientation and high value-added production. The processes of economic development led to the expansion of international exchange of goods and services and as a result of the rapid growth of trade processes require the country to have strong global state, taking into account macroeconomic regulation. The previous analysis of current trends in the development of Ukraine’s foreign economic activity, including investment activity, gives grounds to assert that Ukraine is an active participant in global investment processes. The author approved that the key aspect which can change the negative trend towards the trade deficit is the country’s active export activity, import substitution of commodity positions, as well as the development of industries specializing in the production of high value-added products. Therefore, measures of state regulation direct to developing investment opportunities in Ukraine should be aimed to: analysis of the existing economy, taking into account, the foreign economic activity of the country; import substitution; domestic market development, export expansion. The article analyzes the structure of the balance of payments, the dynamics of trade turnover, investment performance and international trade. The author also proposed measures to improve the balance of payments of Ukraine by taking into account the trends of Ukraine’s foreign economic activity, increasing investment attractiveness and realizing Ukraine’s investment opportunities.

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