Tax risks as a threat to the economic security of the state tax burden, economic security

Abstract

In the modern economy, tax risks are far from the last in importance. First of all, this is due to the fact that taxes are the main sources of formation of the country’s budget and thereby create an economic basis for the existence of a state that can perform its functions only if there is adequate funding. The size and condition of the budget, in turn, have a regulatory effect on the economy. Taxation is an integral part of the modern system of redistributing funds between economic entities, and therefore the urgency of the problem of tax risks is beyond doubt. From the point of view of the state (represented by the tax authorities), tax risks are the likelihood of a taxpayer’s non-compliance with tax legislation, i.e. financial losses of budgets of all levels and the state as a whole. In other words, the tax risks of the state consist in the likelihood of receipt of smaller amounts of taxes in comparison with the planned volumes, which can lead to negative consequences, for example, to an unplanned budget deficit. Such consequences can limit the possibility of financing many budget expenditures, which will lead to a slowdown in economic growth as a whole. The purpose of the scientific article was to study the influence of the role of tax risks as an effective threat to ensure the functioning of the state’s economic security system. The theoretical and methodological basis of the study was the work of both Russian and foreign experts in the field of economic security of the state, as well as materials from the periodicals of leading economists. The main research methods used in writing the work were the method of theoretical systemic economic analysis, the monographic (descriptive) method.