Features of instrumental support of business analysis of tax solvency of organizations

Abstract

The paper substantiates the significance of the business analysis of tax solvency as a necessary element of the tax management of service organizations under conditions of increased turbulence of factors and conditions of the business environment caused by the development of digital and information technologies. Instrumental support of business analytical procedures involves the selection of methods and the development of tools - techniques and information support, which together represent a methodological justification (algorithm) for assessing tax solvency. The algorithm includes five stages: assessment of environmental factors and conditions, indicators of the results and effectiveness of economic activity, absolute and relative indicators of the tax burden, key indicators of the level of tax solvency. In order to eliminate contradictions and shortcomings in the existing traditional methods, it is proposed to use the indicative approach, which is implemented in the form of four stages, during which key indicators are determined (16 in total). The advantage of the indication approach is its unique factual analytical capacity, which allows low-cost financial instruments to obtain summarizing information for making managerial decisions of a service that is proactive and to ensure proper tax consistency.