Article

Tax burden control

A new electronic service with the tax calculator became operational on the official website of the Federal tax service of the Russian Federation. The service allows companies, operating under the general taxation system, to compare the tax burden, including specific payments, with the average industry indicators in the region.

The tax burden is calculated as the ratio of tax paid (less agency fees) to the company's income according to the financial statements (less income from participation in other organizations). The tax burden level may be various and depend on industry, scope of activities and regional characteristics, which may affect the business operations.

The following indicators can be obtained using the tax calculator (%%): total burden (less severance tax and excise duties); total burden (including severance tax and excise duties); profit tax burden; VAT burden; profitability of sales.

The company’s tax burden below the industry average level can be the reason of its inclusion in the field inspection plan.

The tax burden calculator is the part of the electronic service called «Transparent business».

To learn about the position of your company or contractors in the industry is possible by using the service "Analysis of competitive environment" in the Information and Analytical system Globas.