Taxation of banking activity

The successful functioning of commercial banks predetermines the possibility of providing the national economy with financial resources. The development of the banking system is carried out under the influence of various forms and methods of state management, among which a special role is given to tax regulation. The formation of an optimal taxation system for commercial banks is a rather complicated task, as banks perform more than one function in the tax system. They are taxpayers and pay taxes, levies and insurance premiums. They act as intermediaries between taxpayers and the state in terms of tax payments to the state. Act as tax agents when calculating and withholding taxes from income due to certain categories of taxpayers. The first chapter of the study reveals theoretical aspects of commercial bank taxation. The second chapter presents the study of practical material, characterizing the taxation of banking activity in the Republic of Belarus. The third chapter presents foreign experience, defines the directions of improvement of taxation of banking activity