Current Issues of Identifying Unreasonable Tax Benefits

In this study, theoretical foundations and practical aspects of identifying unreasonable tax benefits are considered, classification is given by subjects and by types of taxes. We considered the use of an analysis of contracts (type of contract, terms of contract, counterparty category, lack of accounting for business purpose), lease and contract agreements, the analysis of which reveals an unreasonable tax benefit taking into account the ill-conceived execution, the economic validity of concluding related transactions and the presence of a specific business purpose. The issues of documentation during the execution of contracts are considered. Objectives of the research work: to determine the main issues that arise when identifying unreasonable tax benefits. Findings from the study: tools for identifying unreasonable tax benefits and prospects for their improvement are highlighted.