A current number of the journal “Taxation system of Turkmenistan” came off the press, published by the Main State Tax Service of Turkmenistan in Turkmen, English and Russian languages. Financial-economic issue affords the opportunity to a wide range of readers to be aware of the latest changes in the tax system, and obtain competent legal assistance. The journal presents in its pages a publication “On procedure of filling the tax declarations for the purposes of calculation and payment of profit tax (income) of legal entities”. It reveals the special provisions of the Tax Code for legal persons who are non-residents of Turkmenistan, forming on the territory of our country one or more permanent establishments (construction site, installation or assembly facilities, etc.). An actual theme is developed in different aspects in the guidance materials “On the rules of compliance with the requirements of the Tax Code of Turkmenistan concerning the taxation of non-resident entities of Turkmenistan gaining income from our country’s sources and application of international treaties (agreements) on elimination of double taxation” and “On the procedure for elimination of double taxation”. Another unit of explanatory publications concerns the improvement of the tax regime of the business environment. These are articles “On the calculation of the profit tax (income) of legal entities, in case of excess of average number of employees, associated with small and medium-sized business entities for the reporting year,”, “On a flat patent rate”. The country’s tax policy, on the one hand, provides strengthening of control over the tax compliance, tax payment implementation, and on the other hand it aims at tax burden deduction, encouragement of investing activities, strategic industries to protect the interests and support individual entrepreneurs. A reader will find much useful information in the section “Questions- Answers”, where experienced specialists explain the specifics of tax administration and tax legislation execution.