Ways to optimize income tax in agricultural holding companies

The article is devoted to the study of the directions of optimization of corporate income tax. The object of research of this work is an agricultural holding, which is an association of several agricultural enterprises and organizations, each of which performs its own specific tasks and functions aimed at maintaining a holistic production and financial process and, accordingly, increasing the total profit. Agricultural holding companies, as a rule, have significant volumes of production and sales and, in this regard, receive a considerable profit from their activities. Therefore, the payment of income tax is the main payment to the budget for these companies. In order to reduce the tax burden and keep a large part of the profit at its disposal, the management of the agricultural holding needs to optimize the payment of income tax. Thus, the subject of the study is how to optimize this tax. Based on the analysis of the current tax legislation, the author proposes a number of schemes for minimizing income tax in agricultural holding companies.