Tax control of financial flows of activity of the taxpayer

Abstract

In the process of entrepreneurial activity of an economic entity financial flows are formed. Data on their change, the main participants, mechanisms of functioning are the major source to information on activity of the taxpayer when holding tax control measures concerning it for check of observance of the legislation on taxes and fees by it. The analysis of cash flows allows to reveal the risk operations (which are economically not justified, reducing taxation level, not corresponding to a real economic essence) or the hidden (shadow) operations as a result of which there is a probability of unreasonable extraction of tax benefit. In article legal support of procedures of tax control is analyzed and the specification allowing to increase efficiency of exit tax audits is offered.