Approaches to Optimizing Tax Burden in an Effective Tax Planning System

Abstract

The article examines the necessity and main approaches to tax optimization as a component of a company's tax policy, which is a requirement of the times, especially during martial law. Modern business is characterized by different approaches of companies to tax payment. Among them, the following stand out: conscientious payment of taxes in the established amount; illegal evasion of tax obligations; the use of legal schemes to reduce tax payments; and the application of tax optimization instruments. The study analyzes the level of tax burden during 2019-2024 and records its dynamics. Furthermore, the key approaches to optimizing the taxation of business activities of enterprises are systematized, which, depending on the specific operating conditions, have certain advantages and disadvantages. It is substantiated that the optimization of the tax burden should be carried out within the current legislation and have a clear economic justification, i.e., a business purpose. The aim of the study is to analyze the features of tax burden optimization in modern conditions, as well as to compare tax burden indicators at macro and micro levels, and to identify challenges and opportunities. The object of the study is the process of tax burden optimization as a key element and a defining direction of tax planning. The research is aimed at identifying patterns, principles, and mechanisms for effective tax burden optimization as an integral component of successful tax planning of an economic entity. The main tasks include the study and generalization of existing approaches to tax burden optimization in the tax planning system of business entities. The result of the study is the substantiation of the main ways to optimize the tax burden at the enterprise level in the context of tax planning, which requires a comprehensive and systematic approach and covers both strategic and tactical aspects of managing the tax liabilities of an economic entity.