ELIMINATION OF DOUBLE TAXATION: ESSENCE AND PRACTICE OF APPLICATION

Abstract

Nowadays, the concept of “double taxation” has become widespread, as well you can often hear the “double taxation.” This is, of course, in the light of globalization processes, the activities of relevant actors beyond the national border, the national market, and so on. However, it is important to understand what exactly is a phenomenon of double taxation, how we define it, what are its most significant features. The work of a large number of both scholars and practitioners in the field of law and economics has been repeatedly devoted to this issue. Although it cannot be said that they all agree on one specific definition or characteristic, that is why it is important to identify the main, defining features of such a phenomenon, which would combine the previously expressed views. It is also important for us to understand the essence of the phenomenon of elimination of double taxation, where it comes from, why it was introduced. Analyzing the above, the author considers it necessary to consider the relevant provisions of national legislation of Ukraine on the elimination of double taxation, to determine which direction Ukraine adheres to, its international participation in this regard, its cooperation with foreign countries. It is important to understand how actively Ukraine promotes the development and practical implementation by taxpayers of the elimination of double taxation. Whether it is possible for such entities to complain in case of violation of such rights, etc. In this article, the author will also consider the world practice of applying the procedure of elimination of double taxation. This part will consider the introduction of certain countries and international organizations to eliminate the phenomenon of double taxation, their contribution to its further development. At the same time, we will analyze the examples of modern countries and their practice of applying the procedure of eliminating double taxation, as well as some of their differences. Finally, we will summarize the three main parts of this article, which will cover the nature of double taxation, as well as the practice of eliminating double taxation in Ukraine and some other countries.