Frame semantics was introduced by Charles Fillmore in 1975 as a response to the linguistic problems the previous theories have faced – the classical semantics that lies on the four underlying principles and cannot describe the interconnections between some words and concepts, the semantic fields that characterize the word in terms of its relation to other words in the field, the pragmatics dividing the cognitive understanding of language and the language use. The theory of frame semantics aims at explaining how meanings are constructed and related to notions in the semantic structure and how they give access to the conceptual systems, the register of the related knowledge that humans employ to perceive messages (Evans and Green, 2006). Frames are the initial assumptions and understanding about the world, which are continuously intensified, altered, and changed depending on the information processed (Gavagna, 2013). Similarly, the vocabulary that an individual possesses portrays the background, education, experience, and knowledge that this individual has accumulated over time. The aim of the present research is to apply the theory of frame semantics to investigate the associations and differences between the terminological items pertaining to the field of customs administration and taxes. FrameNet – a lexical resource involving more than 200 000 semantically and syntactically annotated text was selected as the basis for the research.