Tax planning and forecasting with a risk-based approach

Abstract

Tax planning and forecasting is of great strategic importance as part of the formation of a long-term development plan for both the tax system and the national economy. Thanks to tax planning and forecasting, budgets of the budgetary system of the Russian Federation are formed, the funds of which are mainly used to solve social problems, increase the level of human capital and ensure the comprehensive economic development of the country and its regions. This article examines the essence of tax planning and forecasting, and also substantiates the need to apply a risk-based approach in the tax sphere, which contributes to achieving an appropriate level of reliability and quality of tax planning and tax forecasting, improving the efficiency of the tax system and ensuring the tax security of the state.