Tax system of consolidated taxpayers groups in Russia and ways of its improvement

Abstract

One of perspective directions of business development is creation of large companies (holdings, concerns, corporations, etc.) that unite legally separate economic entities linked by organizational, economic and civil-law subordination. Increasing the efficiency of such companies and, on this basis, the growth of the national economy and its competitiveness in the world market is influenced by tax system of a group of interconnected companies. International experience has shown that these tax systems in different countries were created under the influence of a combination of various factors, most of which were due to both, historical development and mutual influence. The article presents the development of methodological approach to the improvement of Russian tax system for consolidated groups of taxpayers, which requires the integration of a number of scientific ideas and hypotheses of various schools and international experience in formation and development of the institution of consolidated tax reporting. This approach is based on the fact that consolidated group of taxpayers should be considered as an economic entity, which is a separate object of financial accounting and tax system. In present work with the help of such general scientific methods as system approach, comparison, method of data systematization and generalization, the conditions for creating consolidated group of taxpayers were studied; mechanism of consolidation and system of consolidated profitability reporting for the group of companies, their main content; the procedure for granting the right to set off losses, including losses incurred for the period preceding the year of consolidation of one company member of the group, against the profits of other members of the group.

Analytical support of management accounting in managing sustainable development of agricultural organizations

“…In the scientific literature, sustainable development indicators are referred to as criteria and indicators with the help of which the level of development of a company is assessed, its future condition is predicted, and conclusions about the sustainability of this condition are made. In the context of sustainable development, developed indicators should provide information about the status or dynamics of economic, social or environmental aspects of the system under study [13,14].…”

Internal control of transactions operation in the sustainable management system of organizations

“…To improve the state of settlements with counterparties it is necessary to control the ratio of accounts receivable and payable [7][8][9]. A large amount of accounts receivable negatively affects the financial stability and causes the need to attract additional resources [10][11][12][13][14]. At the same time, an increase in accounts payable leads to insolvency of the economic entity, reducing the investment attractiveness [15][16][17].…”

Development of methodological basics of internal control of stocks at the agricultural enterprise

“…Objectivity and reliability of the information that is formed in the process of Stock accounting, affects the amount of value added tax, the financial result, taxable income, the amount of income tax. In this regard, internal control of Stocks is an essential element of the management of the enterprise and provides a stable and safe financial and economic activity [22,23].…”