Tax planning methodology at an industrial enterprise

Abstract

Tax planning at the micro level is defined as a system of measures of the enterprise aimed at maximizing the possibilities of current legislation in order to legally optimize tax payments; tax budgeting - a system of measures aimed at determining the planned amount of tax payments payable by the enterprise in future periods; calculation of current tax payments - a system of measures aimed at calculating the actual amount of tax payments payable by the enterprise in the current reporting period. Optimization of tax payments at the micro level involves compliance with such conditions of economic activity of the enterprise, under which the profitability of the industrial enterprise is approaching the maximum, and business risks - to the minimum. The goal of the article is to study the experience of organizing tax planning at industrial enterprises, the sequence of its stages; and propose a methodology for tax planning in an industrial enterprise. The proposed methodology of tax planning is based on system and project approaches, and, in particular, provides for: systematization of tax schemes and their selection according to the priority of use in the development of tax planning projects; selection of the optimal project on the basis of optimality criteria; comprehensive analysis of the tax field and the results of tax planning; current monitoring of the implementation of tax plans, the results of which offset the impact of negative factors through the use of backup and emergency projects. The methodology of tax planning at an industrial enterprise should be based on a systematic and project-based approach with the implementation of: systematization of the tax schemes and their selection according to the priority of use in the development of tax planning projects; selection of the optimal project, based on optimality criteria; comprehensive analysis of the tax field and the results of tax planning; ongoing monitoring of the implementation of the tax plans.Tax planning in industrial enterprises is a complex, integrated process, the rationalization of which should be based on a systematic approach using the achievements of economic, financial and legal disciplines. The introduction of tax planning in the management system of an industrial enterprise allows to make more meaningful conclusions about the further development of activities and reduce the risk of making wrong decisions in a particular problem situation.