ACTIVATION OF THE USE OF TAX PLANNING METHODS AS A FACTOR OF ENTERPRISE FINANCIAL SECURITY SUPPLY

The article investigates the effect of depreciation charge on profit before tax and provides concrete proposals for the implementation of strategic and current tax planning in the tax policy of the enterprise in order to supply its financial security. The structure of revenue of the State Budget of Ukraine since independence, and to date, indicates that the tax system plays a dominant role in the formation and distribution of financial resources of the state. But taxes as elements of the tax system fulfill not only the fiscal function, but also they can stimulate or discourage business activity of enterprises, thereby affecting the country's financial potential. Tax planning is an integral part of financial security of an enterprise, which is a set of measures aimed at choosing between different alternative business variants, provided that the lowest level of tax liabilities arisen in this case. Tax planning is always worthwhile: when a company flourishes, and when it balances on the brink of profitability or, much worse, on the verge of bankruptcy. It can be argued that tax planning, closely interacting with managerial functions such as marketing, finance, accounting, legal support, personnel policy, supply, is one of the basic tools for evaluating the performance of business, because without taking into account the tax consequences, this estimate does not reflect the full picture of the economic situation. That is why tax planning is a mandatory instrument for corporate tax management.