Template-Type: ReDIF-Article 1.0
Author-Name: Vladimir V. Gromov
Author-Email: Gromov@iep.ru
Author-Workplace-Name: Gaidar Institute for Economic Policy, Russia
Title: Trust Management: Issues for Recognition of Contract Expenses
Abstract: Trust management as an institute of market economy contains the potential of investment activity growth and involvement of financial resources in an economic turn. However, this potential is unlocked insufficiently, which in many respects is a result of low quality of tax regulation of trust management operations. At the same time, majority of problems is made of the shortcomings in the field of contract expense recognition. The article presents the tax risks that are a consequence of these shortcomings and defines ways of solution of the revealed problems.
Classification-JEL: G32, G34
Keywords: income taxation, trust management, expense recognition, trustor, beneficiary, income tax, corporation tax
Journal: Finansovyj žhurnal — Financial Journal
Pages: 101-109
Issue: 1
Year: 2016
Month: February
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2016/1/stftii_1/fm_2016_1__10.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:160110:p:101-109