ОСОБЛИВОСТІ БЮДЖЕТНО-ПОДАТКОВОЇ ПОЛІТИКИ В КОНТЕКСТІ ГЛОБАЛІЗАЦІЙНИХ ПРОЦЕСІВ

Abstract

Current issues of defining the types and principles of budget and tax policy in the conditions of globalization processes during the period of martial law are studied. The necessity of fiscal, regulatory, and stimulating functions of the high level of the organization's fiscal, regulatory, and stimulatory functions was established by the budget and tax policy, ensuring at the same time the economic capacity of the state to perform the functions assigned to it, and the regulation of economic processes in the state and the direction of the development of the economic system. The dependence of the application of types of budget and tax policy on the conditions of the country's economic system and the goals set for the government, which makes decisions in the conditions of modern globalization processes, is determined. It is argued that the peculiarities of the budget and tax policy in the context of globalization processes lead to the need to find new ways to respond to modern challenges, implement measures to equalize and mitigate negative consequences and ensure economic recovery. A comprehensive and coordinated approach to the constant vector of recovery in war conditions and prompt response to the current economic situation through the application of optimal taxation conditions and high-quality administration of the budget and tax policy is analyzed. Scientific approaches in the context of globalization processes are summarized, which made it possible to clarify the interpretation of the types of the concept of "budget and tax policy" and to determine the principles of purposeful state activity using the tax and budget systems to implement specific directions of their use exclusively in the interests of citizens, society and the state. The main feature of the formation of budget and tax policy in the context of globalization processes is the tendency to reorient the priorities of state finances to ensure the conduct of armed struggle on the scale that the physical resources of the country allow. Tax revenues for such purposes, even allowing for increased tax rates and broadening of the tax base, are not sufficient to cover wartime needs. The characteristics of the principles of budget and tax policy aimed at ensuring support of macroeconomic stability and the production of non-inflationary GDP by changing approaches to budget formation and diversifying sources of budget and tax policy have been confirmed. Features of the emergence of new trends in the functioning of the budget and tax policy in the context of globalization processes are related to changes in the macroeconomic environment and have a direct impact on the country's financial policy.