Assessment of tax burden of small businesses within "tax corridor"

Abstract

In this paper there have been considered the theoretical and practical aspects of the concept «tax optimization» as a set of activities that involve balancing the permissible level of tax burden and tax risks in keeping within the limit to rationalize taxes. The authors propose their own approach to the assessment of the tax burden, which allows to get a better idea of absolute and relative level of the indicator of the tax burden on businesses. The objective of this technique is to regulate taxation so that during the implementation procedures of tax planning, control and regulation of the indicator of the tax burden could be within the "tax band ". It has been revealed that an effective means of increasing profitability is not a mechanical reduction of taxes, but construction of effective enterprise management system and the adoption of the financial decisions that will make the entire structure of optimal business.