THE ESSENCE OF THE MECHANISM OF THE TAX REGULATION AND ITS IMPROVEMENT

It cannot be imagined that any development can be done without taxes, more precisely without the influence of tax regulatory mechanisms. This article develops the essence of the mechanism of the tax regulation in the context of modernization of the economy, the directions of theoretical views in this area, as well as proposals and recommendations to improve the mechanism of the tax regulation to ensure the implementation of tax policy for full effectiveness. The article analyzes the opinions of various domestic and foreign economists on tax relations. The current state of tax relations in ensuring the socio-economic development of the country is generalized, the priority role of tax regulation is shown, as well as the main importance of taxes as an economic category in the regulation of socio-economic processes in the context of modernization of the economy