ADVANTAGES OF TAX MONITORING FROM THE POINT OF VIEW OF THE PUBLIC INTEREST

Today the Russian Federation has set itself the task of «determining ways and means of digitalizing tax control». To address this challenge the institution of tax monitoring was introduced in 2016, becoming a new form of tax control. Furthermore any legal phenomenon can be viewed from two perspectives: from the state’s perspective and from the perspective of an individual. This is where the concepts of public and private interests arise. In tax law as in any branch of public law public interest is present. Moreover, it prevails over private interest. This paper will explore the specifics of public interest in tax monitoring. The findings demonstrate that in addition to upholding the state’s fiscal interests tax monitoring has optimized the work of tax authorities, helped minimize «gray schemes» in organizations and has also become a means of reducing conflict in tax legal relations.