Sydorovych, Mariia2013-07-092013-07-092011https://ekmair.ukma.edu.ua/handle/123456789/2398This paper provides the comparison of the Ukrainian system of intergovernmental relations and international experience of developed and developing countries in the context of revenue sharing within current decentralisation trends. The paper analyses the role of income taxes (and personal income tax in particular) within the economic and legal framework and emphasises their importance in funding needs of local governments. Statistic and comparative analyses are employed for this aim. A set of directions for further reform is proposed, aiming at providing local governments with tools and levers to generate sufficient financial resources for efficient provision of essential local services.enlocal budgetstax revenuesincome taxationpersonal income taxfiscal decentralisationtransition economiesUkraineOther