Subject The article considers the nature of the tax policy of a commercial bank under modern conditions. Objectives The study describes specific goals and objectives of the tax policy of a bank, including risk mitigation associated with tax assessment and payment, and bank competitiveness enhancement through tax charges reduction. Methods The methodological framework of the research is the systems approach to the tax policy, under which the essence of tax policy of a modern commercial bank should be considered as a set of organizational and financial measures aimed at constant reproduction of bank operations to ensure profitability under tax compliance. Results We offer recommendations on building the blocks of tax policy of a bank, including a list of required policies and procedures. We show possible tax-related actions of banks within the limits established by the Bank of Russia. Conclusions and Relevance Russian banks should develop their own tax policy and treat it as a practical guide to manage taxation. It is crucial to promptly update the tax policy within the limits prescribed by federal structures in enacted statutory regulations.
Keywords: bank, tax policy, income tax, methodological approach, factor
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