TAX PLANNING

Tax planning involves managing taxation to achieve the maximum financial results with minimal costs. Comprehensive tax planning is a part of enterprise financial planning.

Tax planning is most effective if begun prior to registering a business, since your tax planner can help you choose a legal organizational form and develop the organizational structure of your enterprise.

Tax planning is also a vital part of everyday operations. For instance, company lawyers use tax planning as a guide when negotiating contracts with counterparties.

Tax planning is integral when liquidating, reorganizing or transforming an enterprise.

The basic principles of tax planning:

• legality of all tax optimization methods
• cost savings generated by effective tax optimization methods
• customized approach to each taxpayer’s business and tax situation
• flexible tax optimization methods

Paritet can organize tax planning at your enterprise and optimize your chances of success.

Stages of tax planning:

• Preliminary analysis of financial and economic activity
• Research and analysis of your specific tax issues in order to find the most beneficial methods of tax planning in compliance with current laws
• Study of partners’ and competitors’ schemes for optimizing taxation in specific activities
• Application of the most beneficial tax optimization methods for your business

Inspecting contracts for tax issues

Our experience shows that careful examination of contracts with tax planning in mind can result in tax savings of up to 40% of a company's own funds, and in some cases even more. A combination of tax and legal examination using situational methods of tax optimization makes it possible to ensure the desired effect.

Paritet can conduct tax and legal examination of contracts and economic relations for your company.