Institutional aspects, legal and regulatory support for international taxation in Ukraine

Introduction. Modern international economic relations are characterized by high dynamics of cross-border movement of goods, works, services and capital. At the same time, the growth of economic activity creates a number of challenges for governments of the world, in particular in terms of international taxation. Differences in tax systems of countries of the world and global initiatives of international organizations in the field of international taxation directly affect the volume and structure of foreign economic operations of economic relations subjects. Problem Statement. In the conditions of volatility of the global economic environment and European integration processes in Ukraine, one of the priority areas is the reform of institutions, improvement of the regulatory framework and implementation of new mechanisms, instruments and procedures in the field of international taxation, taking into account the directives of the European Union (EU) and best tax practices. The purpose is to clarify the institutional aspects and components of the regulatory and legal support for international taxation in Ukraine and provide proposals for its improvement, taking into account the provisions of EU directives and best tax practices. Results and conclusions. The author analyzed the functions and distribution of powers between institutions and their structural divisions, which are competent for international taxation in Ukraine, as well as the structure and peculiarities of the legal and regulatory framework at the national and international level in the field of international taxation in Ukraine. International taxation in Ukraine is characterized by a significant dispersion of powers between the structural divisions within the State Tax Service of Ukraine, which directly affects the efficiency of tax policy implementation in the field of international taxation. The legal and regulatory support for international taxation in Ukraine is being improved in line with the global tax initiatives developed by the Organisation for Economic Co-operation and Development (OECD), such as the Action Plan on Base Erosion and Profit Shifting (BEPS). The Ministry of Finance of Ukraine and the State Tax Service of Ukraine continue to work on improving tax legislation and broadening the network of the international agreements, including conventions for the avoidance of double taxation and multilateral agreements on administrative assistance and exchange of information for tax purposes. The author emphasized the importance of synergy between the national and international legal and regulatory framework in the field of international taxation in Ukraine and highlighted the priority areas for compliance with the provisions of the EU directives in the field of international taxation, as well as provided the proposals for improving the legal and regulatory support for international taxation in Ukraine.