Directions of Development of EEU Member States Tax Systems – How to Achieve Proposed Harmonization?

TIUTIURIUKOV, Vladimir. Directions of Development of EEU Member States Tax Systems – How to Achieve Proposed Harmonization? In Global Competitiveness and Economic Growth in the 21st Century: Challenges and Opportunities. 2015. ISBN 9965-9047-8-2.

Základní údaje

• Originální název: Directions of Development of EEU Member States Tax Systems – How to Achieve Proposed Harmonization?
• Autoři: TIUTIURIUKOV, Vladimir.
• Vydání: Global Competitiveness and Economic Growth in the 21st Century: Challenges and Opportunities, 2015.

Další údaje

• Originální jazyk: angličtina
• Typ výsledku: Konferenční abstrakt
• Obor: 50200 5.2 Economics and Business
• Stát vydavatele: Kazachstán
• Utajení: není předmětem státního či obchodního tajemství
• WWW: Conference proceedings
• Organizační jednotka: Ekonomicko-správní fakulta
• ISBN: 9965-9047-8-2
• Klíčová slova anglicky: Eurasian Economic Union, tax policy, tax harmonization, value added tax, income taxation, tax harmonization
• Příznaky: Mezinárodní význam, Recenzováno

Anotace

Armenia, Belarus, Kazakhstan and Russia from 1 January 2015 are united in a Eurasian Economic Union (EEU). Among EEU goals are development and convergence of the economies, non-harmful competition and common sustainable economic growth. Within EEU framework the countries also agreed to pursue coordinated, harmonized or unified policy in certain areas (taxation being one of them). At the same time all countries normally compete for mobile factors of production, such as capital and qualified labor, often using tax measures to achieve the competitiveness. The issue is that competition and harmonization of the tax systems are opposite processes. This paper considers the tax systems of EEU Member States and reviews their relationship with the intent to identify the features they exert – whether there is tax harmonization, tax competition or any other relation. This research is based on taxation of investment income (dividends, interest and royalties) and cross-border operations in four EEU Member States, these two areas being the most common for cross-border business to encounter. The preliminary research shows significant discrepancies in tax treatment of both income (where the rates differ significantly among the countries) and operations (where the applicable rates of VAT distort common market and differences in transfer pricing control create significant obstacles for intra-EEU trade). So the aim of this paper is to develop the policy recommendations to overcome such discrepancies.