Abstract
The tax system of Ukraine has been analyzed by comparing it with its analogues in the European Union (EU) member countries in order to define the competitiveness of our country in the world market of goods and investments and to choose key directions for tax system reforming. The influence of the tax system on the socio-economic development of Ukraine and the EU countries has been highlighted and analyzed. The comparison has been made in the following areas: according to the level of general tax burden, its allocation between the main types of taxes and groups of payers as well as fiscal efficiency of tax systems.
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