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Tax Planning

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Tax planning
Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer.

Tax Planning
The practice of making adjustments so as to reduce one's tax liability to the least possible amount. For example, one may wait to sell a security until the next tax year so as not to realize capital gains.


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Rather than hire a tax preparation service at the end of the financial year, consider making tax planning a part of your overall business strategy.
Plan ahead for your spouse, kids and next of kin by setting out clearly who and what they get from your estate It also means that by inheritance tax planning you can maximize inheritance tax reliefs and exemptions if your estate might be worth more than the inheritance tax threshold when you die Plan ahead for your spouse, kids and next of kin by setting out clearly who and what they get from your estate.
The main objective of the event was to provide a venue for discussion of current issues in tax planning and international banking activities in Europe.
 
 
 
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