Systems engineering: Tax risk peculiarities in project execution

Abstract

The contemporary project management practices in various industries of the Russian economy constitute “open systems” with approximately definite results at the beginning of their execution. Project risk management is, therefore, a topical issue for a project manager. This area of knowledge related to project management is poorly formalized; risk management is even regarded as an “inexact” science, while risks arising out of projects require assessment and management. One of the main directions of project risk management is to determine and analyze all possible tax risks and to mitigate their negative influence on project activities. In the article, the authors study the theoretical organizational foundations of tax risks that can arise when a business entity carries out project activities, introduces socioeconomic and scientific-technical projects. The author presents risk analysis methods when assessing tax risks and possible ways of minimizing tax risks.