Tax planning in the enterpriseprovides for a number of activities that will help to optimize taxation or, in other words, will reduce the level of taxation by legal means. The manager should pay special attention to the deliberate and regular planning of tax revenues. Otherwise for an economic entity, unplanned activities can have such negative consequences as a decrease in the company's circulating assets, a loss of financial stability and a reduction in the possibility of further development.
Tax planning at the enterprise should be carried out already when the company is established, taking into account the choice of directions of economic activity and the business sector.
The process itself should be carried out through specific activities carried out at all stages of the functioning of the organization.
The main methods of tax planning should bebe set out in the form of a mandatory item of the business plan. The main purpose of this document is to provide legal ways to optimize tax payments and calculate the achievement of the required performance of the company.
Thanks to the prospective planning,Company management can choose the best tax treatment for their company. In the process of implementation of the relevant measures are developed areas of financial, economic policies to reduce the tax burden on the company.
So, as a method of tax planningcan serve as a basis for the conclusion of transactions and taxes. Depending on the chosen direction, the specialists of the company are determined with the tools for achieving the best results in this direction.
The holding company needs special attention. At the same time, tax planning differs in the enterprise at the stage of its creation, as well as in the process of functioning.
To achieve the most positive results of the company, it is necessary to constantly work out a number of points.
First, the optimization of the taxation of the enterprise begins with an analysis of the taxation model used by the company's profits, the determination of strengths and weaknesses in this sector.
Secondly, to get a full picture of the company's activities, the organizational structure is considered, a list of the main buyers, suppliers and other counterparties is drawn up.
The third stage of tax planning at the enterprise involves the study of all contractual activities, as well as primary documents of tax accounting.
The next step is to calculate the level of the tax burdencompany. The result of a qualitative passage of this stage can be considered the choice of the best method for carrying out economic activities. Before making a decision, the company management must thoroughly analyze the consequences and possible results from the introduction of the chosen taxation model.
The last stage in tax planningis the direct application of the chosen model of taxation with a detailed calculation of the volume of tax payments, as well as the development of all accounting records in accordance with a new line of business.
One way to optimize taxationcompanies can be considered the presence of highly qualified specialists who will ensure proper management of the primary documentation and timely submission of reports to the tax authorities. This will help to avoid additional costs in the form of fines.
In no case should you confuse optimizationtax revenues with their minimization. The main difference is that the former is achieved by legal means, and the second is not. It is the minimization of taxation that is paid great attention by the tax authorities.