Financial relations

In the conditions of the development of modern market relations in Russia, financial law acquires increasing importance in the process of realizing the national, social and, of course, economic policy of our state. The interrelationships that arise in the sphere of economic activity of the state and are regulated by special rules are called "financial legal relations".

This form of public relations is an indispensable attribute of a market economy. Developing, financial legal relations cause the expansion of the sphere of economic activity of the country. Namely, specialized state structures are organized, such as the Federal Treasury, the Ministry of Taxes and Duties, the Pension Fund and others. Legislation, as well as methods of economic activity, are being improved, new types of financial relations appear every time. Two elements are clearly distinguished in them: property and state power. Since economic activity in its foundations has state acts, the use of funds is inherent in property.

As a result of economic activity of the country there are interrelations, which do not need legal regulation. But only financial legal relations give focus and reflect the content of this activity. Therefore, without them, economic activity is completely impossible.

Let's consider financial legal relations, their features and types. Main features:

1. They appear as a result of the economic activity of the country.
2. In them, necessarily there must be a subject who is the supreme or local authority of state power.
3. The main reason for their occurrence is money (state income or expenditure, etc.).

These features distinguish financial from other relationships. So, at administrative infringements on guilty person impose monetary penalties. But they do not participate in state economic activity, but exist only to punish the guilty. Therefore, this type of relationship is governed by administrative law, and not financial.

On the basis of material content, the following options for financial relations are distinguished:

- tax;

- budgetary;

- credit (bank or state);

- area of insurance;

- settlements that govern financial law;

- regulating monetary circulation and, of course, currency legislation.

For the termination of financial legal relations the following bases most often serve:

1. Use of budgetary appropriations.
2. Repayment of a monetary obligation due to payment in due time of the necessary amount or collection of an overdue payment (arrears).
3. The use by specialized agencies of their right to add tax arrears.
4. The termination of legal relations with the population on taxes occurs when a person reaches a certain age, for example, as a result of conscription, retirement.

Financial and legal relations, as a rule, arise on the basis of individual legal (for example, a notice sent by a financial body to a citizen, that he must pay a certain tax) or a legal normative act (the federal budget law adopted every year).

Financial and legal relations are changed only if there is a change in the facts or events provided for in the normative act. At present, economic legislation in the Russian Federation is unstable, therefore it is necessary to constantly monitor all changes that are made to the content of financial law institutions.