Social and Legal Studios

Abstract

The role of fiscal regulation of foreign trade in the system of economic security of the state is disclosed. It is shown that the low level of its effectiveness, as the security mechanism of the system for ensuring the economic security of the state, can lead to increased destructive influence of various internal and external threats. It is proved that in order to counter threats, fiscal regulation of foreign trade activity, on the one hand, contains its own defense mechanisms, and on the other hand, it is the part of the security mechanisms of the state’s economic security system. The following mechanisms are classified as security mechanisms for fiscal regulation of foreign trade activities: identification of threats (system actions aimed at monitoring and control of objects of protection, as well as timely informing security entities about suspicious phenomena and processes); warning of threats (prevention of the appearance of illegal and uncontrolled phenomena and processes in the security object); elimination of threats (elimination of the action or harmful effect of illegal and unlawful phenomena and processes on the security object); restoration (a set of actions on the part of security subjects aimed at returning the protected object to normal functioning and vital processes) compensation for losses (mechanism for compensation for losses incurred as a result of unlawful and illegal phenomena and processes affecting the protected object). It has been established that in practice the security action of fiscal instruments is implemented and concretized through their levers. However, for security potential and principles of the action of individual instruments is different. In particular, the duty, VAT and excise tax, together with their main leverage, are used to prevent, identify and eliminate threats to foreign trade. Budget expenses, financial incentives with their implementation levers contribute to the restoration of foreign trade, and financial sanctions contribute to the compensation of losses to the state budget

Keywords: economic security of the state, system of economic security of the state, fiscal regulation of foreign trade, security mechanisms of fiscal regulation of foreign trade, levers and instruments of fiscal regulation

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