Tax planning strategies

Authors

Charity Mandap De Veyra

College

Ramon V. Del Rosario College of Business

Department/Unit

Commercial Law

Document Type

Web Resource

Source Title

BusinessWorld

Publication Date

4-16-2016

Abstract

Now that the annual tax filing season is over, it is about time to revisit your tax planning strategy for the next year. This becomes more relevant since the deadline for the first quarter income tax return is fast approaching. Tax planning involves weighing various tax options to determine the most beneficial way to conduct a business. One should bear in mind that tax planning aims not only to save on taxes but also to reduce or eliminate tax exposures during tax examinations. These days, the Bureau of Internal Revenue (BIR) is very aggressive in its campaign to increase collections, and it is crucial to employ the right tax planning strategies.

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Recommended Citation

De Veyra, C. M. (2016). Tax planning strategies. BusinessWorld Retrieved from https://animorepository.dlsu.edu.ph/faculty_research/9474

Disciplines

Tax Law

Keywords

Tax planning

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