Features of accounting and taxation of loans provided by employees by organization

In a crisis, unstable economy, workers often have to borrow in the organizations where they work. Accounting for such loans has its peculiarities and is determined by many factors: the terms of the contract, the procedure for repaying the loan, withholding personal income tax from the amount of material benefit in the form of savings on interest for using borrowed funds, etc. The article considers possible options for recording and controlling such loans in the light of the latest regulatory changes.