Year: 2025
Type: article
Abstract: This article examines the necessity of improving tax planning at enterprises in the automobile road complex, highlighting its role in reducing tax burdens, minimizing risks, and enhancing financial stability. Given the capital-intensive nature of this sector, effective tax management is essential for maintaining economic sustainability, ensuring long-term competitiveness, and optimizing financial performance. The study explores key approaches to tax planning, including forecasting tax obligations, utilizing available tax benefits, and implementing financial control mechanisms. The article addresses the challenges faced by enterprises due to frequent changes in tax legislation, government regulations, and international taxation standards. The influence of state interventions, including fiscal policies and regulatory measures, is analyzed in the context of optimizing taxation for businesses operating in the sector. A particular focus is placed on digitalization as a crucial factor in modernizing tax planning processes, enabling companies to enhance efficiency, transparency, and compliance with national and international tax regulations. Furthermore, the study differentiates between tax optimization and tax evasion, emphasizing the importance of ethical tax management and legal tax-saving strategies. It discusses strategic methods for tax planning, such as efficient financial forecasting, applying preferential taxation regimes, and adopting automated tax accounting systems. The research also highlights the significance of liquidity management in tax planning, as enterprises must allocate financial resources efficiently to avoid unexpected tax liabilities, fines, and penalties. Additionally, the article underscores the necessity of continuous staff training in tax legislation to improve tax reporting accuracy and mitigate risks. Effective tax planning contributes to business resilience, increases investment attractiveness, and supports long-term financial growth. The findings suggest that a well-structured tax strategy can enhance economic efficiency, reduce financial risks, and create favorable conditions for sustainable business development within the automobile road complex.
Source: Municipal economy of cities
Authors: V. Verbytska, V. Bredikhin
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409509936