Title:
TAX HARMONIZATION IN EURASIAN ECONOMIC UNION

Authors:
Yu.S. Ranchinskaya, V.A. Issaev, Zh.G. Golodova

Abstract:
Purpose: The purpose of this article is to theoretically substantiate the process of tax harmonization and assess its level in the countries of the Eurasian Economic Union (EAEU) in the context of increasing integration processes between us, as well as assessing its results and developing recommendations for bringing together the main elements of the tax systems of countries. Methods: The empirical method in combination with systematization and generalization of theoretical and practical aspects of tax harmonization, economic-statistical and comparison method were used in the process of the research. The study used legislative and regulatory documents in the field of taxation of the EAEU countries, official statistics. Results: It has been established that as a result of the strengthening of integration processes within the framework of the EAEU countries, the main elements of the economic policy are coordinated, including in the fiscal sphere. The factors constraining and stimulating the processes of tax harmonization in the countries of the integration alliance are identified. It has been proved that at present in the EAEU countries the highest level of harmonization has been achieved in the value added tax and excise taxes that significantly affect foreign trade - the main terms, the mechanism for forming the tax base, the procedure and terms of payment have been agreed. At the same time, the increase in income tax harmonization occurs in a «natural» manner. Significance: The practical significance of the research results is that the use of the proposed recommendations for strengthening tax harmonization will enable the EAEU countries to move towards harmonizing economic policies in the fiscal sphere, overcome crisis trends together and return to the trajectory of sustainable economic growth.