PROBLEMS OF FINANCIAL MANAGEMENT OF THE TAX SYSTEM IN ARMENIA

Abstract

The article is dedicated to the identification of problems related to the financial management of the RA tax system, suggesting solutions. The article identifies and presents the existing problems of financial management of the tax system of our country and ways to solve them. In the context of the tax system management, the main approaches to financial management are studied and the possibilities of their practical application at the present stage of the economic development of the Republic of Armenia are proposed. Approaches have been developed to improve the financial management process and increase the efficiency of the use of budgetary funds allocated to the tax authority. The article pays special attention to the implementation of an effective tax policy, which is very necessary in all economic systems, the effectiveness of which is determined by the fact that as a way of doing business, how they can correctly solve the problem of unlimited needs with limited resources, the methods of solving which may be different in different economic systems. The article also examines the fact that the financial management of the tax system of the Republic of Armenia is an important area of methodological, practical, scientific activities and research, and is one of the key parts of the general theory and practice of management. It is also based on fundamental knowledge of political, economic, legal and other sciences, enriched with modern domestic and world practice. The process of redistribution of financial resources between and within different entities of the financial system is always aimed at achieving certain goals, therefore, it cannot be carried out elementarily, and, accordingly, includes the organization of a certain management scheme. Therefore, revealing the theoreticalmethodological problems of the financial management of the tax system of the Republic of Armenia is of key importance for the development of the economy, the effective implementation of which is becoming increasingly important, especially in the context of changing market conditions, economic and business environment, as well as in emergency situations.