Abstract
Besik Bauchadze 
 E-mail: Besik.bauchadze@bsu.edu.ge 
 Associate Professor, Batumi Shota Rustaveli State University 
 Batumi, Georgia
 https://orcid.org/0000-0001-7458-2734
 
 Abstract. The purpose of the article is to investigate and determine the importance of corporate (business) tax planning, tax accounting analysis, tax policy development and implementation process in modern business. In the conditions of the market economy, the formulation of tax planning tasks between economic subjects and the state, the structure of tax relations, is quite complicated. Therefore, special requirements are placed on the tax management process. Major decisions are never made without the influence of taxes and their management. It becomes clear that it is necessary to introduce a mechanism for managing tax costs that can reduce the negative consequences of a high tax burden on an organization. In modern conditions, the calculation and payment of taxes is a rather difficult and responsible procedure, in addition to the costs of paying taxes, enterprise owners are also forced to spend significant amounts of money on the development and implementation of corporate tax policy.
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