ACCOUNTING AND TAXATION OF TOURIST SERVICES IN THE CONTEXT OF INTERNATIONAL TOURISM
Abstract
The topic of accounting and taxation of tourist services is extremely relevant in the context of the globalization of international tourism, which is rapidly developing amidst economic changes and technological progress. The importance of effective management of accounting and proper taxation in international tourism is due to the complexity of legal relations between participants in tourism activities, such as tour operators, travel agents, tourists, as well as the various legal and economic conditions that influence accounting and financial reporting in the industry. Given the specifics of tourist services, accounting for such transactions requires consideration of various factors such as the place of service provision, VAT rates, rules for cross-border transactions, and the specifics of agency and distribution schemes. The study focuses on key aspects of accounting, including revenue recognition, expense accounting, the reflection of agency services, as well as tax issues such as VAT accounting for tourist services. Problems arising in the accounting of international tourism transactions are discussed, including the difficulties in determining the place of service provision and the application of relevant tax rates depending on the geographical location of service provision. Special attention is given to the analysis of international experience, which allows for identifying optimal approaches to taxation and accounting that can be adapted to domestic practices. Based on the analysis, recommendations are proposed for improving accounting and tax reporting in the tourism industry, specifically regarding the allocation of income and expenses between different participants in the process, as well as the implementation of digital solutions to simplify accounting operations and reduce the risk of errors. To ensure the efficiency of accounting in international tourism, it is necessary to strengthen the regulation of tax aspects and use international standards in accounting and taxation to harmonize national systems with international practices. Uncertainty in the determination of the place of service provision is one of the main problems in accounting and taxation of tourist services in international tourism. This issue needs to be clearly regulated at the legislative and practical levels to avoid double taxation and create more favorable conditions for the development of international tourism in Ukraine.
References
Дмитренко С. І. Цифрові технології в обліку туристичних послуг. Економіка і регіон. 2021. № 2(83). С. 45–50.
Пархоменко В. І. Адаптація обліку в туристичних компаніях до МСФЗ. Облік і фінанси. 2021. № 3. С. 89–94.
Данилюк М. Ю. Модернізація облікової політики в туристичному бізнесі. Бухгалтерський облік і аудит. 2022. № 12. С. 22–27.
Ярова Т. В. Визнання доходів у сфері туристичних послуг. Фінанси України. 2024. № 2. С. 77–83.
Буряк А. В. Особливості оподаткування туристичних послуг в умовах глобалізації. Економічний вісник. 2023. № 1. С. 60–66.
Sokolova E. Taxation of Travel Services in the EU: Trends and Reforms European Accounting Journal. 2020. Vol. 18(4). P. 312–319.
Ivanov K. Fiscal Incentives in Global Tourism: A Comparative Study. Journal of International Economics. 2023. Vol. 14(2). P. 101–109.
Korol M. Accounting Transformation in Tourism under Digital Economy. International Journal of Economics. 2022. Vol. 20 (1). P. 55–62.
Колісник Г. М., Гелей Л. О., Данканич Т. П. Бухгалтерський облік в туризмі: навч. посіб. Ужгород : Вид-во УжНУ «Говерла», 2020. 140 с.
МСФЗ 15 Дохід від договорів з клієнтами. URL: https://mof.gov.ua/storage/files/IFRS-15_ukr-compressed.pdf (дата звернення 03.05.2025).
Гринько Є. І., Троян М. Ю. Оподаткування в туризмі. Збірник наукових праць. Суми: СумДПУ імені А. С. Макаренка. 2024. № 3.- С.88-98. URL: https://repository.sspu.edu.ua/bitstreams/5ff5b2a8-fa4c-4f40-9e0f-3da9eae4e679/download (дата звернення: 03.05.2025).
Dmytrenko S. I. (2021) Tsyfrovi tekhnolohii v obliku turystychnykh posluh [Digital technologies in the accounting of tourism services]. Ekonomika i rehion, vol. 2(83), pp. 45–50. (in Ukrainian)
Parkhomenko V. I. (2021) Adaptatsiia obliku v turystychnykh kompaniiakh do MSFZ [Adaptation of Accounting in Tourism Companies to IFRS]. Oblik i finansy, vol. 3, pp. 89–94. (in Ukrainian)
Danyliuk M. Yu. (2022) Modernizatsiia oblikovoi polityky v turystychnomu biznesi [Modernization of Accounting Policy in the Tourism Business]. Bukhhalterskyi oblik i audyt, vol. 12, pp. 22-27. (in Ukrainian)
Yarova T. V. (2024) Vyznannia dokhodiv u sferi turystychnykh posluh [Revenue recognition in the field of tourism services]. Finansy Ukrainy, vol 2, pp.77–83. (in Ukrainian)
Buriak A. V. (2023) Osoblyvosti opodatkuvannia turystychnykh posluh v umovakh hlobalizatsii [Peculiarities of Taxation of Tourism Services under Globalization]. Ekonomichnyi visnyk, vol. 1, pp. 60-66. (in Ukrainian)
Sokolova E. (2020) Taxation of Travel Services in the EU: Trends and Reforms European Accounting Journal, vol. 18(4), рр. 312–319.
Ivanov K. (2023) Fiscal Incentives in Global Tourism: A Comparative Study. Journal of International Economic, vol. 14(2), рр. 101–109.
Korol M. (2022) Accounting Transformation in Tourism under Digital Economy. International Journal of Economics, vol. 20 (1), рр. 55–62.
Kolisnyk H. M., Helei L. O., Dankanych T. P. (2020) Bukhhalterskyi oblik v turyzmi: navch. posib [Accounting in tourism: а textbook]. Uzhhorod: Vyd-vo UzhNU «Hoverla», 140 р. (in Ukrainian)
MSFZ 15 Dokhid vid dohovoriv z kliientam» [IFRS 15 Revenue from contracts with customers]. Available at: https://mof.gov.ua/storage/files/IFRS-15_ukr-compressed.pdf (in Ukrainian)
Hrynko Ye. I., Troian M. Yu. (2024) Opodatkuvannia v turyzmi [Taxation in Tourism]. Zbirnyk naukovykh prats. Sumy: SumDPU imeni A. S. Makarenka, vol. 3, pp. 88-98. Available at: https://repository.sspu.edu.ua/bitstreams/5ff5b2a8-fa4c-4f40-9e0f-3da9eae4e679/download (in Ukrainian)
