Use of tax benefits to optimize taxation

Abstract

Based on the analysis of current legislation, available scientific, journalistic and methodological sources, the article reveals the specifics of using tax benefits with a view to optimizing taxation. It is established that among the legal methods of tax optimization, the key ones are as follows: selection of the most optimal taxation system for doing business, which should be carefully analyzed taking into account the specifics of the business entity’s activities, its scale and structure; building a business model with integration of individual entrepreneurs under the simplified taxation system into the organizational process of a business entity - a legal entity; use of tax benefits provided for in the legislation by a business entity. The benefits may include both full exemption from certain taxes and reduction of tax rates, which contributes to a significant reduction in the tax burden of the business entity. Among the most effective schemes of tax optimization through privileges are the following: 1. Employment of persons with disabilities in order to use benefits. The scheme involves reducing the tax burden and obtaining financial benefits from the employment of persons with disabilities. It can be implemented in two ways, simple and complex. At the same time, the essence of both options is that the taxpayer receives a number of benefits provided by tax and labor legislation aimed at stimulating the employment of people with disabilities and at the same time reducing the tax burden on employers; 2. Use of the simplified taxation system. There are two ways to take advantage of the simplified taxation system to optimize taxation: simple and complex. In the simple version, an existing business entity, trying to optimize taxation, decides to switch to the simplified taxation system. In essence, the transition of a business entity to the simplified taxation system is itself a tax optimization, as it gives micro and small businesses the opportunity to use more lenient tax conditions compared to the general taxation system. As for the complicated option, it is much more attractive in terms of optimization results, but at the same time it is associated, in some cases, with certain risks. The essence of the scheme is to take advantage of the system by “splitting the business” into several individual entrepreneurs - single tax payers of the second group. However, the central control over the business is retained in the hands of a single managing entity - a legal entity, most often a legal entity - a single tax payer of the third group.