Bulletin of
Vitebsk State
Technological
University

Abstract

The research raises the question of formation the concept of tax sovereignty in a globalized economy. The article forms the author's definition of tax sovereignty as a new phenomenon in state sovereignty, which builds the theoretical and methodological basis for the implementation of future approaches in internal and external tax policy of the countries, approaches within the country and develops the relations with the other countries using the principle of new term approach. The new term allows to consolidate the interests of the countries in the fight against such threats in the global economy as tax base erosion and profit shifting. Tax sovereignty could be new approach in realization of state sovereignty amid the globalization.

Tax Sovereignty in the Globalization Processes