FINANCIAL LIABILITY FOR VIOLATION OF TAX LAWS

Abstract

The article is devoted to the characteristics of financial liability for violations of laws on taxation, determining its essence, features, regulatory principles and problems of law enforcement, as well as the formation of proposals for its improvement. The largest filling of budgets is provided by tax revenues. During the period of martial law, the relevance increases and there is a need to create a clear and effective mechanism for combating violations of financial legislation. It is noted that given Ukraine's desire to integrate into the European legal space and become a full member of the EU, the issue of improving financial responsibility is becoming particularly relevant and should become one of the priority areas of its reform. The experience of the EU and the USA, where financial and legal mechanisms are developed comprehensively, systematically, taking into account numerous practical aspects of the activities of the state and financial authorities, as well as focusing on the interests of the taxpayer and civil society, can become an extremely useful guide in improving the application of financial responsibility. It is noted that despite the existing sanctions, Ukrainian legislation contains a significant gap: a person who has committed a financial offense or corruption crime can often post bail and be released from custody. This allows for the potential use of illegally obtained funds, which poses a significant risk to financial security and the public interest, especially in cases of serious corruption and financial schemes. To increase the effectiveness of the accountability system, it is worth prohibiting the use of collateral in such cases. Inefficient management of financial resources, abuse of office, and violations of procedures can pose a serious threat to the country's national security and defense capability. According to the authors, only a balanced and phased approach will allow creating a system of transparent, fair, and predictable norms, increasing financial discipline, strengthening public trust, and ensuring the stable development of Ukraine's financial system in accordance with international standards and public expectations.