Authors: I.V. Ovchinnikova

Title of the article: Tax planning in the Financial Management System of State Funded Educational Institutions of Higher Education

Year: 2017, Issue: 1, Pages: 90-97

Branch of knowledge: Economics and innovation management

Index UDK: 338.012

DOI: -

Abstract: Corporative financial planning is realized by means of financial mechanism. Pro-ceeding from the approaches existing in the economic papers, it can be concluded that the corporative financial mechanism is a financial management system that uses a combination of certain forms and methods providing for necessary financial resources, a normal level of financial stability and liquidity, and the profitable work of the organization. The use of these forms allows ensuring profitability and profit max-imization. Since the profit receiving is not the main objective of the activities of state funded educational institutions, for them the question of maximizing profits is asso-ciated with an increase in financial resources, which redistribution allows achieving the creation goal of this institution. In connection with the latest changes in the budget legislation of the Russian Federation, focused on improving the quality of public and municipal services, in particular education ones, the issue of tax planning in state funded educational institutions is especially topical. The need for developing a mechanism for tax planning in a state funded educational institution is validated in the article.

Key words: tax planning financial planning me-chanism of tax planning budgetary institution

CITE DOWNLOAD