Humennyi A. A Mehanism for Implementing the Tax Capacity of hte Ukrainian Securities Market

The object of financial relations which arise between the government and economic agents in the process of redistribution of financial resources through the mechanisms of the securities market and taxation; aim to deepen the theoretical foundations and rationale of practical proposals for improving the mechanism of realisation of the tax potential of the securities market in Ukraine; methods - systematic, dialectical, economic-mathematical modeling; novelty - for the first time the necessity of the evaluation of the mechanism of realisation of the tax potential of the securities market from the standpoint of not only fiscal but also regulatory efficiency. The opportunity within this approach to assess the relationship dynamics of the development of the securities market and the non-financial corporations sector in terms of ensuring the latest financial resources raised through the securities market, will reduce the risk of introducing inefficient taxes and improving the effectiveness of the mechanism; results are in support of the recommendations to ensure an integrated approach to identify areas for improvement of the mechanism of realisation of the tax potential of the securities market; implementation - implemented the State fiscal service of Ukraine in the development of proposals on amendments to the Tax code of Ukraine, the National Commission, carries out the state regulation in the sphere of financial markets to the Ambassador in the development of proposals in the program of development of financial services markets in Ukraine; industry - economic.