Tax strategy of organizations in the aspect of tasks and principles of its construction

Abstract

The purpose. To study the essence of the organization's tax strategy, taking into account the tasks and principles of its implementation, which allows, under the influence of factors of the external and internal environment of the functioning of business entities, to maximize its resource and tax potential for strategic development. Research materials and methods. The theoretical and methodological basis of the article was the results of research by scientists in the field of taxation and tax management, the norms of the tax legislation of the Republic of Belarus. The methods applied are the following: observation, analysis and synthesis, deduction, generalization. Results. The article presents a brief overview of theoretical views on the essence of taxes as an important source of state revenue and as an effective tool for influencing economic processes; a number of factors of strategic tax management was substantiated. The factors include the current tax legislation with a set of tax regimes, the tax system, their mandatory elements and tax benefits, the specifics of the payer's financial and economic activities that determine the size of the tax base and the size of the tax liability, the introduction of the concept of tax security at the macro and micro levels. Through the prism of key tasks, the essence of the organization's tax strategy is formulated, the principles of forming a tax strategy are defined and the expediency of their compliance is reasoned. Conclusion. The suggested theoretical basis of the tax strategy from the standpoint of solving its logically interrelated and multifaceted tasks, compliance with substantiated constructive principles as necessary conditions for achieving the set strategic goals serves to identify and put into practice approaches, mechanisms, tools through which an effective tax strategy of the organization is formed.