TAX PLANNING RISKS OF A COMPANY

The article is about the company’s risks arising in case of using of tax planning for reduction of the tax burden. The author has developed classification of tax planning risks in accordance with potential legal consequences of the tax planning use. The liabilities for tax offence and tax crimes, envisaged by tax, administrative and criminal legislation are listed. Differences between tax planning and tax evasion are given, as this is the basic factor of the tax planning risks occurrence. The author believes that the development of balanced system of tax planning correlated with the other aspects pf economic and financial activities is the significant researve of improvement of results of business entities.

taxes, tax planning, tax risks, tax burden, tax violations, tax liability, criminal liability, tax evasion, tax planning, tax authorities