EVALUATION OF PROFIT TAX ADMINISTRATION OF COMMERCIAL BANKS: ANALYSIS AND RECOMMENDATIONS

This article analyzes in detail the efficiency and challenges of the income tax administration system of commercial banks. The main focus of the article is on evaluating the effectiveness of the existing system of income taxation in the commercial banking sector. Various problematic aspects are explored, including the impact of income taxation on the financial health of banks and the wider economy. The article also considers potential strategies for improving the taxation system to ensure greater stability and efficiency in the banking sector. The main topics of the article include an assessment of the current state of the income tax administration system and identification of existing problems and challenges. The need for strategic recommendations to improve and optimize the system is emphasized. The article also delves into the wider implications of income taxation on the financial health of banks and the economy, highlighting its importance in the fiscal environment. In addition, the study contributes to the understanding of the dynamic interaction between tax policies and the development of the banking sector. It offers insight into the complexities of tax administration in the context of changing economic, technological and financial market conditions. Addressing these challenges, the article seeks to inform economists, financial experts, government agencies and banking institutions about the critical aspects of taxation that affect banking and the overall functioning of the financial system. Overall, this comprehensive analysis aims to improve the understanding of corporate bank income tax administration, providing valuable recommendations for policymakers and banking professionals to optimize the tax system for better economic outcomes. The analysis improves the understanding of the impact of fiscal policy on the economy, and also points to the importance of taking into account global trends and domestic factors in the context of tax regulation. The article opens perspectives for further research in the field of tax policy, in particular in the field of banking activity, and calls for the development of more flexible and effective approaches in the management of tax systems. Addressing these aspects will make it possible to strengthen the role of the banking sector as a key factor in the stabilization and development of the economy, contributing to the creation of a favorable investment climate and increasing the country's overall competitiveness at the international level.