VAT is a consumption tax which is to be borne by end consumer, and businesses are using various tools of tax planning
for effective management of its cash flows.
Many CPAs have "stock" letters or other year-end tax planning
materials that they send to clients toward the end of the year.
If tax planning
becomes more cautious the inspectors have to find something to do.
"Proactive tax planning
is the key to keeping more of what you make," Mr.
Before analyzing the value creation potential of tax planning
, consider first which types of tax planning
strategies tax departments have available to reduce their firm's tax expense.
In Part IV we elaborate upon the second normative corollary of our article, concerning the use of governmentally-created market failures to combat tax planning
Sales pitches also are used by promoters of estate planning services, such as living trust seminars, or the ever-growing number of firms and advisers that are pitching a particular estate or other tax planning
techniques, such as the private annuity trust, which is a hot trend.
So estate tax planning
is still the prudent thing to do."
BNA International (BNAI; London) has begun the production of Tax Planning
International Country Portfolios, a new online subscription service that offers profiles of 37 tax regimes, including a new overview of the U.S.
Fourth quarter 2004 is upon us, and that means it's time for accountants to turn their attention to tax planning
. Although the conscientious tax accountant talks with his or her clients throughout the year, most only start the formal process of meeting with clients' and making year-end adjustments during the final three months of the year.
The Bureau of National Affairs (BNA; Washington, D.C.) is now producing two new information services including Corporate Counsel Library and Tax Planning
International Review & Forum.