THE PRACTICE OF TAX ANALYSIS

The purpose of the conducted study is to develop the applied aspect of tax analysis as part of the managerial analysis of a commercial organization. Tax analysis allows assessing the clarity and feasibility of the organization's objectives and is aimed at determining its business situation at a specific point in time. To accomplish performance target, the authors studied and summarized the accumulated practical experience and theoretical studies, which allowed developing existing methods of tax analysis of commercial organizations and the influence of taxes on the formation of business performance. In consequence of the analysis, specific proposals were developed for the factor analysis development as exemplified by severance tax . The scientific novelty of the study consists in developing tax analysis methodology, taking into account the peculiarities of the formation and computation of the tax on extraction of commercial minerals, which is one of the most important budgetgenerating revenue sources.