Pecularities of the internal tax control organization in Ukraine

Abstract

Introduction. The organization of internal tax control in Ukraine is crucial because of the complexity and dynamism of the country's tax system. Frequent changes in tax legislation create the need to introduce effective control mechanisms to ensure compliance with tax requirements. Therefore, one of the essential components of this process is the ability to leverage cutting-edge information technology, both by the tax authorities and their potential customers. The purpose of the paper is to examine the intricacies of organizing internal tax control in Ukraine. Results. The paper is devoted to the study of the peculiarities of organizing internal tax control in Ukraine with the aim of enhancing taxation efficiency and ensuring compliance with tax legislation. It is mentioned the distinctions between external and internal tax control. There are systematized mechanisms and procedures that can be employed in the organization of internal tax control. The paper identifies the main problematic aspects of internal tax control in Ukraine and proposing directions for their resolution. It also examines the features of internal tax control within the context of the digitalization of the economy. Conclusions. Internal tax control holds a crucial role in ensuring the accuracy and timeliness of tax accruals and payments, managing tax risks, and enhancing the efficiency of taxable business transactions. This control also extends to the development and implementation of safeguards aimed at preventing tax violations. Internal tax control ensures the verification and analysis of financial, tax and management data, as well as the development and compliance with regulations governing taxation. These measures result in bolstering confidence in the tax system and fostering increased financial stability for enterprises.