Identification of risks in the sphere of taxation: applied aspect

Artyukh Oksana
D. Sc. (Economics), Professor, Professor, Department of Accounting, Analysis and Audit, Odesa National University of Economics, Odesa, Ukraine, E-mail:Oksana_art_2017@ukr.net, ORCID ID: https://orcid.org/0000-0002-8845-8002

Cite this article:

Artyukh O. (2024) Identification of risks in the sphere of taxation: applied aspect. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Identyfikatsiia ryzykiv u sferi opodatkuvannia: prykladnyi aspekt; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 10 (323), pp. 23-29.

Abstract

The article is devoted to the study of issues related to the construction of an effective tax risk management system in Ukraine. In the management process, the mechanism of reducing tax risks is one of the key factors in ensuring the stable flow of funds to the budgets of all levels and the financial stability of the state. The purpose of the article is to study the identification of risks in the field of taxation and their impact on ensuring the sustainable development of taxpayers and the state in general. During the scientific research, a systematic approach, methods of comparative analysis, synthesis, generalization, graphic, as well as normative, professional and scientific sources were used. On the basis of the conducted research, it was established that the tax risk management system is a complex of interrelated elements (the main ones are: identification, assessment, control, monitoring), the main goal of which is to reduce tax risks. The analysis of the process of identifying tax risks on a conditional example of the financial and economic activity of a Group of enterprises with foreign jurisdictions and Ukrainian business entities made it possible to identify and assess tax risks, characterize their species diversity depending on the transactions carried out, and note that after their identification and assessment, tax risks are being worked out in the direction of their further minimization. In view of the obtained results, tax minimization measures are proposed with their specific distribution in the field of accounting and taxation, during interaction with tax control bodies and with counterparties. It has been proven that effective management of tax risks makes it possible to timely and fully replenish the state treasury, reduce the shadow sector of the economy and create the necessary incentives for its legalization. Prospects for further scientific research should be aimed at solving issues related to the improvement of methodological support, the development of individual components of the methodology in the tax risk management system, both at the state level and at the level of taxpayers.

Keywords

tax risk, risk management, identification, assessment, monitoring, tax minimization measures.

JEL classification: М410; М480; Н210; Н260; DOI: https://doi.org/10.32680/2409-9260-2024-10-323-23-29

UD classification: 336.225

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