ENTERPRISE TAX SECURITY MANAGEMENT: FOREIGN EXPERIENCE AND WAYS OF ITS IMPLEMENTATION IN UKRAINE

Abstract

Under the conditions of the dynamic competitive environment, complex market conjuncture, asymmetric information space, the functioning of domestic enterprises is accompanied by an impact of a various spectrum of factors of the internal and external business environment. Consequently, the issues become current, for the provision of enterprise financial security, achieving which proper level will allow to create favorable conditions for its sustainable functioning under the conditions of uncertainty. The article is devoted to the issues of enterprise tax security as a component of financial security. In this article, a special focus is offered on tax risks, their significance and measures of their prevention, approaches are covered for clarifying the essence of enterprise tax security. The principles of the provision of enterprise tax security are covered. Specific features of a tax risk are highlighted, reasons for the occurrence of tax risks in entrepreneurial activities are clarified. Types of tax risks are characterized. External and internal risks are separated by occurrence sources. Enterprise tax security management elements are characterized, in general. Foreign experience in enterprise tax security management is generalized and analyzed. Analysis of the regulation of enterprise tax security processes at the macro and micro levels is conducted. Based whereon, directions of enhancement of efficiency of tax security of Ukrainian enterprises are identified. According to results of the analysis of components of the enterprise tax risk management system, ways of their minimization are set, on the basis of introduction of efficient enterprise tax policy as a mechanism of protection against tax risks, specific recommendation are presented.