Tax system of Ukraine : Problems and prospects
Svetlana I. DROBIAZKO
The article with a critical point of view considers existing policy of taxation in Ukraine. The changes in the new Tax Code are presented. The problems of the application of value added tax are considered.
taxation, the Tax Code, the value-added tax.
The current acting tax system is one of the most complicated in the legal system of Ukraine. Our country has a complex legislation, a large number of articles of the law can be interpreted ambiguously and some legislative acts are insufficiently harmonized and contradict to each other. As practice shows, the application of the tax legislation and the changes made to the Laws of Ukraine on taxation promote the emergence of new problems. The research of the World Bank and the audit company «PriceWaterHouseCoopers» shows that the tax system of Ukraine is one of the worst planned in the world for a period of at least last six years. In 2015, Ukraine took the penultimate place among 183 countries that have been analyzed, namely the 181 place - the third worst place in the world. The worst ratings show the Republic of the Congo (182d place) and Venezuela (183d place).