FEATURES OF TAXATION OF INCOME OF AN INSURANCE ORGANIZATION

Abstract

This article discusses the issues of insurance, which today allow us to solve a number of social needs of employees and provide them with a certain stability and security. It is no coincidence that well-known companies pay a lot of money a year for employee insurance. Corporate insurance in emerging economies is becoming more and more popular, acquiring the character not so much of a factor of the company's investment attractiveness for employees, as an almost mandatory condition and indicator of the level of development of the company's personnel policy. Of all types of insurance, Voluntary medical insurance can be effectively used as existing elements of the staff motivation system. Insurance is one of the most popular types of business. This is a rather complex financial service regulated by dozens of regulatory documents. At the same time, in practice, it turned out that, in this market, activities are carried out by both large companies and representatives of small businesses. To open your own insurance company, large financial investments are not always required, you just need to understand and understand the specifics of this market. In recent years, the reforms have also affected the taxation of profits of insurance organizations, which states that legal entities providing financial and insurance services are granted the right to issue an invoice once a month. In this regard, the Tax Code determines that for them the date of turnover for the sale of goods (services) is the last day of the calendar month in which the services are rendered. Benefits for insurance organizations have also been defined with the adoption of the law "On Insurance Activity" and the expansion of this area of business.