Template-Type: ReDIF-Article 1.0
Author-Name: Shapovalova Karina R.
Author-Email: shapovalovakarina@yandex.ru
Author-Workplace-Name: Budget and Treasury Academy of the Ministry of Finance of the Russian Federation
Title: Tax Avoidance: an Inescapable Evil or an Issue for the Controllers to Solve?
Abstract: The value added tax is the main source of revenue for the federal budget. This is why much attention has always been paid to the issue of tax collection and tax control. One of the most acute VAT collection management-related issues is examined in the article. It is a tax avoidance issue. As a result of the phony companies’ fraudulent operations, the federal government undercollects tens of billions of dollars each year. The article author examines the current legislation, identifies the areas for improvement and makes suggestions as to how the legal base can be improved in order to make it impossible to build the illegal cashing schemes.
Classification-JEL: H26
Keywords: VAT, phony company, fraudulent scheme, ungrounded tax benefit, bad faith practices
Journal: Finansovyj žhurnal — Financial Journal
Pages: 35-46
Issue: 4
Year: 2010
Month: October
File-URL: http://finjournal-nifi.ru/images/FILES/Journal/Archive/2010/4/statii/100404.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:100404:p:35-46