The Regional Tax Security Mechanism Based on Reduction of Tax Risks and Use of Information Technologies

Abstract

In today's world taxes tend to be not only a tool for ensuring and maintaining economic and financial security, but also a source of possible threats and risks which may result in reduction of tax potential and budgetary imbalances between the central office and the provinces. In the conditions of economy digitalization, tax security as a prospective way of optimal modern tax management in the state and its regions includes elements of tax mechanism, information technology and technology of tax information protection. This article advocates the need for legislative recognition of the term "tax security", structures the components of tax security threats identification, which include elements of risk management and directions of tax administration improvement. Within the framework of the study of the tax security system, the functional relationship between tax risks and the structural elements of the tax mechanism, including its planning, regulatory, controlling and analytical components, was determined.

Formation Of Tax Security As A System-Forming Element Of Financial Security

“…We consider attributing tax security directly to economic security as a https://doi. org/10.15405/epsbs.2020.10.03.76 Corresponding Author: Natalia Varaksa Selection and peer-review under responsibility of the Organizing Committee of the conference eISSN: 2357-1330 657 controversial issue, since taxes are part of finance and therefore it is more appropriate to consider tax security as an element of financial security (Popova et al, 2019).…”