Kharitidi, M.V. Rules of insufficient capitalization in the conditions of crisis

Abstract: The tax legislations of many states now include rules for insufficient capitalization, which are aimed to limit the deduction of percentages for takings from related parties (companies within the group) or from non-linked parties, if such takings are greater than the takings, with the company could have gotten without the due guarantees for the companies within the group, for the profit taxation purposes. In Russia such rules are set within the Tax Code and they limit the deduction for the Russian companies with foreign participation. The author considers that these rules need to be changed, including the method of calculation of owned capital and types of security. Keywords: taxes, capitalization, calculation, income, Code, law, investment, financing, borrower, leasing.