Actual problems of accounting and taxation of export opportunities for work, services

Journal Title: Економіка. Фінанси. Право - Year 2018, Vol 12, Issue

Abstract

The article is devoted to the study of issues of the introduction of exports of works and services in the context of the liberalization of legislation. In the introduction, it was determined that a sufficiently large part of foreign economic operations is occupied by export operations. Effective use of the entire complex of modern forms and methods of international business exports positively affects the achievement of a high level of financial results of the enterprise and, accordingly, the economy of the country as a whole. In modern conditions, the importance of the study is evidenced by the increase in export operations. In particular, it emphasizes the relevance of the research topic. The purpose of the study is to study current accounting and taxation problems of export operations of works and services. Ukrainian business entities are increasingly interested in foreign counterparts by their products. In 2017, the volume of export of services to the EU countries amounted to 3452.7 million dollars US and increased compared to 2016. by 14.9%. The share of total exports of services to the EU countries amounted to 32.2%, (in 2016 - 30.5%). The article clarified the approaches to the interpretation of the concept of "export operations" in the legislative field, since there is no single interpretation of such concept in the current normative acts of Ukraine, features of documentary registration (application of electronic document circulation with a foreign counterparty in the course of transactions) and taxation of export transactions ( the zero rate of value added tax on the export of goods, works and services outside the customs territory of Ukraine), requirements for the application of preferential terms (with canceling exchange control) export of services (excluding transport and insurance) provided a clear consolidation of the concept of "services" in foreign trade contracts. Thus, a clear interpretation of the concept of "export operations", "export of services" will enable Ukrainian executors to use the most favorable conditions for documentary provision and taxation of such services.

Authors and Affiliations

Mykhailo Anatoliiovych Shum, Olena Mykhailivna Yakymenko

Keywords

Related Articles

Organizational and economic mechanism of transformation management in the system of enterprise’s economic security

The theoretical and instrumental foundations of organizational-economic mechanism of transformations management in the system of economic security of enterprise are considered in the article. The requirements are present...

Functioning of a single road-transport system on the functions of strategic development management

The article considers the effective functioning of a unified road and transport system in the context of the state program for the development of the industry based on strategic management, and also identifies the main f...

Enterprise personnel security assessment modelling on higher education industry data

The critical importance of the personnel security issues of enterprises has determined the relevance of applied research on personnel security assessment. It was conducted on the basis of author's assessment methodology,...

Management of development of ecological tourism in the Kherson region

The purpose of the article is the development of methodological recommendations for the management of ecological tourism in the Kherson region for further formation of the long-term strategy of the region's development....

Polish experience in the construction and reform of the customs system in the conditions of membership in the European Union

Today, Ukraine is in a very difficult situation that reflects the stagnant stage of development of domestic customs and its failure to perform basic customs functions effectively. By the way, many European states are cha...

Download PDF file
  • EP ID EP531683
  • DOI -
  • Views 71
  • Downloads 0

How To Cite

Mykhailo Anatoliiovych Shum, Olena Mykhailivna Yakymenko (2018). Actual problems of accounting and taxation of export opportunities for work, services. Економіка. Фінанси. Право, 12(), 21-24. https://www.europub.co.uk/articles/-A-531683