The analysis of the justification of the choice of the object of taxation with the simplified system of taxation

The essence of the simplified taxation system and its attractiveness lies in the fact that taxpayers, instead of a number of taxes established by the legislation of the Russian Federation on taxes and fees, pay one tax, calculated based on the results of economic activity for the tax period. Moving to a simplified taxation system or creating their own business, organizations and entrepreneurs are faced with the choice of the object of taxation. Each of these options has advantages and disadvantages. Before deciding on which base to pay the “simplified” tax, it is necessary to conduct a thorough analysis of the performance indicators of an economic entity. If the newly created firm decides to apply the simplified taxation system, then for calculations it needs to take the estimated (expected) volumes of sales and costs. This article is devoted to the issues of economically justified choice of the object of taxation when using the simplified taxation system. The article deals with theoretical and applied aspects related to the use of a simplified taxation system by small businesses. The results of the study demonstrate an economic effect, expressed in a reduction in the tax burden of an economic subject of small business, an increase in the economic indicators of its activities due to the optimization carried out in the form of a change in the object of taxation when using a simplified taxation system.