MODERNIZATION OF THE TAX SYSTEM AND TAX ACCOUNTING IN THE CONTEXT OF EUROPEAN INTEGRATION

Abstract

The article examines the theoretical and practical aspects of the modernization of the tax system and tax accounting of Ukraine in the context of European integration processes. It is substantiated that the tax system is one of the key institutions of the state’s economic development, and its effectiveness is largely determined by the quality of tax administration and the level of organization of tax accounting. The relevance of the study is due to the need to adapt the national tax system to the norms and principles of the European Union in the context of deepening economic integration of Ukraine with the EU. The paper analyzes the current state of the tax system of Ukraine, identifies its structural features and main problems of functioning. Considerable attention is paid to the analysis of European approaches to tax policy, in particular, the harmonization of indirect taxes, the coordination of direct taxes, combating tax evasion and the digitalization of tax administration. It is proven that in the countries of the European Union, tax accounting is considered a system-forming element of fiscal policy, which ensures the formation of reliable, standardized and comparable data for tax control and information exchange. The directions of modernization of the tax system of Ukraine in the context of European integration are substantiated, among which the key ones are the harmonization of tax legislation with the EU acquis, improvement of tax administration based on a risk-oriented approach and strengthening of the institutional capacity of tax authorities. Particular attention is paid to the issues of improving tax accounting, in particular its methodological coordination with accounting, development of electronic forms of primary documents, introduction of standardized tax data formats and use of digital tax control tools. It is concluded that comprehensive modernization of the tax system and tax accounting is a necessary prerequisite for increasing the efficiency of Ukraine’s fiscal policy and ensuring its full integration into the European tax space. The results of the study can be used in the process of forming tax policy, improving the regulatory and legal support for taxation and further scientific research in the field of European integration.