He further highlighted that
tax planning strategies were vital for a business as these were typically implied to help a business achieve their financial and business goals.
Tax planning is the restructuring of activities in a way to maximise the tax benefits by making best possible use of all the legal options like setting up a new company in free zones, focussing on local purchases, and so on.
Comprehensive and proactive year-end
tax planning can be overwhelming.
This structure will enable us to consider appointing other top level
tax planning specialists, whether they are lawyers or not."
Her particular emphasis will be on inheritance, capital gains and income
tax planning.
When the big-four become more cautious, the industry becomes more conservative and
tax planning becomes steady.
"Other traditional
tax planning firms' crunches numbers to illustrate 'what-if' scenarios based on future assumptions," said Mr.
* they believe that the value creation potential of
tax planning is less than the potential of improving core operations;
In Part III we elaborate our first normative proposition, concerning the government's optimal attitude towards
tax planning activities.
The 1031 Exchange has become one of the most significant estate
tax planning techniques in a dwindling list of estate tax strategies due to the various tax reform statutes that have eliminated many windfalls and loopholes which are the unintended but inevitable result of clever people poking at the soft underbelly of tax legislation.
9 Refrain from using the auditor for
tax planning and tax preparation services.