ABSTRACT
The process of harmonization of the tax portfolio of an organization is connected with the need for the personalization of the tax burden of an organization for the purpose of sustainable and competitive growth of a business unit under the active national system of taxation with a glance to the International Financial Reporting Standards (IFRS). This chapter describes the problems of harmonization of an organization's tax portfolio by means of situational matrix modeling offered by O. I. Kolvakh and on the basis of matrix math used in financial accounting of the organization's economic operations. It defines the tax portfolio of an organization and reveal the particularities of the tools used in the matrix modeling of financial accounting. The chapter offers the optimization algorithm for an organization's tax portfolio and analyzes and specifies the advantages and disadvantages of the harmonization of an organization's tax portfolio by means of situational matrix modelling.
