Key approaches to minimizing the risks of tax inspections of taxpayers

The article presents the results of a study of key methods for minimizing the risks of tax audits. Methods of reducing the risks of tax audits and associated financial losses have been analyzed. A number of measures implemented in the cycle of tax risk management, requiring a professional systematic approach, are given and systematized. The necessity of compulsory risk assessment of a tax audit based on the “traffic light” principle has been substantiated. This will make it possible to assess the level of tax risk of a tax audit and develop measures to reduce it.