Practice Of Currency Control Carried Out By Customs Authorities Of The Russian Federation

The article deals with the direction of currency control carried out by the FCS of Russia. The authors analyzed the directions of the currency control carried out by the FCS of Russia. The article presents an analysis of changes of the functions and powers that the FCS of Russia has in exercising such control in connection with the transfer of functions of the currency control authority to this service, as well as with the adoption of changes to the Federal Law 173-FZ, dated 10 Dec. 2003, «On Currency Regulation and Currency control». The results of checks of compliance with currency legislation conducted by the FCS of Russia for the period from 2010 to 2017 were analyzed. Conclusions about the structure of violations of currency legislation for the period 2014-2017 were made. It was concluded about the change in 2016 of the trend of the predominance of violations related to the failure by the resident of the duty to repatriate the currency of theRussian Federationor foreign currency over the violations related to non-compliance with the procedure for submission of forms of accounting and reporting on currency transactions. The analysis of changes in legislation on currency control in the submission of forms of accounting and reporting was carried out. The problems of the customs authorities arising during the currency control, particularly the problems of the existence of oneday firms, were identified, the areas of activity of the FCS of Russia that promote prevent the activities of one-day firms were examined.