Regulation of tax debt

Abstract

The article is devoted to the adjustment of the legal base for collection of tax debts; as well as approaches to identifying uncollectible tax debts. The historical aspects of the legal framework formation for the settlement of uncollectible debts in Russia are determined. The structure of taxation is analyzed. The possibilities of taxpayers' abuse of existing mechanisms for writing off tax debts have been explored. An analysis was made for the standard uncollectible tax debts. Emphasis was placed on the regulatory framework of the rules for recognition and relief of debts, fines and penalties on taxes. Ineffectiveness of the institution of bankruptcy was revealed. Norms were presented to prevent bankruptcy by organizing financial monitoring of the conditions available in an organization. This paper also focuses on restoring documents to tax authorities from taxpayers, their contractors, and conducting tax audits.