Self-Regulating Organizations of the Information Technology: Features of the Tax Administration System

Abstract

The subject of the study is the mechanism of tax administration of the innovative information technology (IT) industry. The purpose of the work is to improve the process of managing tax control over the IT sphere, aimed at identifying tax offenses in it, as well as carrying out preventive measures to comply with tax legislation and ensuring the inevitability of punishment for violating its norms. The beginning of the formation of a specific approach to taxation of the IT sector has been established, which has accelerated and received more explicit expression in recent years. The formed mechanisms of tax administration are analyzed, which made it possible to identify their permanent lag behind the pace of development of new digital business models created by the IT industry. The modern concept of tax administration is supplemented with feedback elements as a necessary element of the IT industry tax administration model and it is proposed to use the existing institute of self-regulatory organizations (SRO) as a trusted link in the tax administration of the IT industry, the advantages of which may be the possibility of applying in practice the accumulated professional experience of financial and economic experts of the industry, allowing to determine the legitimate affiliation of organizations to the IT industry to provide tax benefits, provided for IT companies. It is concluded that it is necessary to improve this mechanism in relation to the dynamically developing IT industry.