Tax planning is a methodology that many companies put in place at the moment they intervene in the international market.
It is not exclusive of this context, of course, but it is a practice to which not a few companies are forced to, always within the current legislation in each country or region, mitigate the effects of their tax burden.
Beware, it is not about finding resources and shortcuts to not assume the tax payments that correspond to each company. On the contrary, it is about planning a series of actions that alleviate the fiscal pressure of the organizations and, at the same time, allow them to adapt to the demands of this area.
What do companies look for with tax planning?
A fiscal planning strategy is not something simple. It can enter all kinds of elements, from the nature of investments, the taxation of non-resident agents, double taxation agreements and other tax codes both in the country where a company operates and in specific markets.
Its primary objective is none other than to effectively fit the activity of the companies in the taxation system in which they operate, with which it is necessary to make a rigorous analysis of the fiscal rules of the contexts and an update and revision of the treaties and international agreements in force in this regard.
However, if we need more this last, we can say that the bulk of companies that implement a fiscal planning strategy seeks to engage two pieces that, inevitably, constitute two sides of the same coin: lower taxation and higher benefit.