Chornyi O. The principle of fiscal adequacy in financial law regulation

Thesis deals with characteristics of the financial law regulation of the principle of fiscal adequacy. The nature and essence of the tax law principles are determined, the place of the principle of fiscal adequacy among the principles of the tax legislation of Ukraine is outlined. The normative content and peculiarities of the application of the principle of fiscal adequacy are revealed. The mechanism of action of the principle of fiscal adequacy while establishing taxes and duties is explored. Implementation of the principle of fiscal adequacy under conditions of providing tax exemptions is characterized. The peculiarities of application of the principle of fiscal adequacy in the stages of compilation, approval and execution of budgets are considered, and the differences in the implementation of the principle of fiscal adequacy in the tax and budget spheres are indicated. Proposals and recommendations on improvement of the current legislation of Ukraine in the aspect of implementation of the principle of fiscal adequacy are given.