Lubkovskyi S. Income taxation in harmonization of private and public interests

The dissertation focuses on the interconnection between private and public interests in the area of income taxation. The types of these interests and directions of their harmonization are identified. The principles of taxation on the basis of which harmonization can be implemented are proposed. Key issues of income taxes functioning and their fiscal-regulating role are investigated. Theoretic and methodological approaches to measuring the impact of income taxation on the distribution of added value between factors of production (labor and capital) and the degree of harmonization of private and public interests in income taxation area based on the developed indicators of assessing the level of implementation of these interests and a complex (integral) index of their harmonization are justified and explored. General recommendations for the improvement of income taxation mechanism are formulated. The model of coordination of private and public interests in the area of personal income taxation based on progressive approach as well as extension of list of expenses that provide the right for the tax abatement on personal income tax (PIT) is presided created. The mechanism of investment tax credit in corporate profit tax (CIT) as an instrument of economic entities’ and society’s tax and investment interests harmonization in the current circumstances is developed.