FEATURES OF THE ORGANIZATION AND CONDUCT OF PRIMARY FINANCIAL MONITORING BY TAX CONSULTING ENTITIES

The issue of primary financial monitoring by tax consulting entities requires additional research, which is due to both the peculiarities of the formation of the tax consulting institute in Ukraine and the priority tasks of financial monitoring. In this context, it should be noted that the updated legislation on financial monitoring raises certain questions for such entities. The economic realities are that, on the one hand, tax consulting is aimed at helping taxpayers and should focus on their interests in taxation matters, and on the other hand, there is a legally established strict responsibility of specially defined subjects of primary financial monitoring for non-compliance with the rules of such monitoring. It was established that the subjects of primary financial monitoring are only legal and natural persons — entrepreneurs who provide tax consulting services. Individuals who conduct independent professional tax consulting activities, as well as tax and fee consultants who are full-time employees of the enterprise, are not subjects of primary financial monitoring. The article summarizes the duties of business entities that provide tax consulting in three main areas: registration with the State Financial Monitoring Service of Ukraine; ensuring proper organization and conducting primary financial monitoring and applying a risk-oriented approach; notification of negative financial transactions of clients and other information provided by law. Problematic issues of organization and implementation of primary financial monitoring by tax consulting entities in the specified directions are highlighted. The main focus is on the organization of work on conducting primary financial monitoring by business entities — legal entities.