TAX PLANNING TOOLS FOR SMALL AND MEDIUM-SIZED ENTERPRISES IN THE AGRO-INDUSTRIAL COMPLEX

DOI 10.32651/207-2

Issue № 7, 2020, article № 1, pages 2-7

Section: Problems of efficient management

Language: Russian

Original language title: ИНСТРУМЕНТЫ НАЛОГОВОГО ПЛАНИРОВАНИЯ ДЛЯ СУБЪЕКТОВ МАЛОГО И СРЕДНЕГО ПРЕДПРИНИМАТЕЛЬСТВА В АГРОПРОМЫШЛЕННОМ КОМПЛЕКСЕ

Keywords: TAX PLANNING, SMALL AND MEDIUM ENTERPRISES, AGRICULTURE, TAX REGIMES, SPECIAL TAX REGIMES, DEFERMENT, SUBSIDIES

Abstract: This article is about tax planning for small and medium-sized enterprises in the agricultural. Tax planning involves optimizing of taxes and insurance premiums for small and medium-sized enterprises in the agricultural sector. The use of instruments that minimize of mandatory payments is limited by applicable tax laws. The positive effect of the instruments must be considered with tax risks. Tax planning must be carried out before the registration of a business entity. Tax planning instruments should take into account the scope and types of activities, the region, as well as the development of the enterprises. The general taxation system provides for the payment of corporate income tax (the rate for agricultural producers is 0‰), value added tax, and corporate property tax. The use of special tax regimes involves the payment of a single tax, which replaces the payment of profit tax, value added tax, corporate property tax. Also, small and medium-sized businesses have the right to use reduced rates of insurance premiums. Tax instruments must also be applied the current economic situation. Subsidies, exemptions, deferment and instalment plan will allow the most affected small and medium-sized enterprises to channel funds to the development of their activities.

Authors: Moiseeva Olga Aleksandrovna