Tax planning as a tool to reduce taxes

Abstract

This work has as main objective to approach the importance of tax planning in a company in the branch of retail food trade in the city of Jussara - Goiás. The study aims to show in what ways the taxpayer can reduce the tax burden of his company, using methods permitted by law comparing which regime is most advantageous for your activities. Unlike tax evasion, which seeks savings in an unlawful manner in the tax burden, adequate tax planning allows the company to find lawful alternatives so that the collection of taxes occurs less cheaply. Taxes represent a large portion of a company's costs, too many taxes consequently influence the final profit and hinder the growth of the business. To remain in the taxpayer market, you need better results and process optimization in the face of competition. In many cases, companies practice tax evasion even without knowledge, as they cannot keep up with frequent changes in legislation. Taxpayers must understand their operation and know the tax laws to carry out the correct calculation of taxes without any irregularity. The present study becomes relevant because it emphasizes the importance of Tax Planning in the financial management of the company, where it is possible to identify the possibilities that each regime offers, to determine which is the best option for the entrepreneur.