Theoretical Aspects of the Formation of Accounting Policy for Payment Transactions with the Budget on Tax Payments

Constant changes of the domestic tax laws have a significant impact on the approaches to the taxation of business entities and rules for the calculation of liabilities to the budget. Therefore, the company accountant should regularly review the accounting procedures, methodological and organizational provisions of the payment operations with the budget on tax payments under the current legislation. The aim of the article is to study the need to build administrative document in the form of an order on the accounting policy regarding the disclosure of the principles, methods and procedures for accounting of payment transactions with the budget on tax payments. Carried out a review of scientific approaches to the organization of payment transactions with the budget on tax payments. Substantiated the necessity of the internal regulation of the organization of accounting process for settlements with the budget on tax payments. Revealed changes in the current legislation on taxation, dramatically affected the methodological approach to the calculation and accounting of tax payments.