Статьи

DOI: https://doi.org/10.31713/ve2202411

Abstract

The article examines the peculiarities of tax planning as a component of the tax management of the enterprise. The purpose of tax planning is to pay the minimum possible amount of taxes while fully complying with the law.  The content of the stages of the organization of the tax planning process is determined. It has been established that accounting policy methods used for tax planning purposes are aimed at accelerating  the recognition of expenses (or slowing down the display of income), that is, the effect is achieved  by delaying tax payments. Separate provisions of the accounting policy, which are widely used in the process of tax planning by domestic enterprises, are considered. In order to optimize taxation, information on the materiality threshold level should  be specified in the accounting policy order. In particular, the approaches to using the level of materiality of economic transactions and events to increase costs with the aim of reducing the tax base are described.  Peculiarities of carrying out stock valuation in order to optimize income tax have been studied. It is also important to establish the procedure for taking inventory in the accounting policy, since it can also affect the calculation of taxes. According to its results, losses of the enterprise may be revealed or obsolete equipment may be written off. In order to increase the quality of the accounting policy, it is important to periodically monitor the implementation of its most important criteria: to assess the completeness and consistency of the provisions of  the accounting policy; carry out an analysis of the validity, economic feasibility and rationality of the accounting  methods used by the enterprise; analyze the compliance of the accounting policy with the goals of the management of the business entity. It is necessary to determine the degree of influence of the chosen  accounting methods on the results of the company's activity, their contribution to the achievement of the set goals regarding the minimization of the tax burden. 

Author Biographies