CORPORATE TAX PLANNING PAPER FOR MCOM SEM IV 24

TAX PLANNING VS TAX AVODIANCE VS TAX EVASION/ METHODS OF TAX PLANNING

DIFFERENCE BETWEEN TAX PLANNING AND TAX AVOIDANCE

Double Taxation Avoidance Agreement

 

• Double Taxation Avoidance Agreement
• BY Dr. Shashi
• MBA, ACS, Ph.D
• Meaning of Double Taxation
• Double Taxation( International Double Taxation) means taxation of the same income of a person simultaneously in two different countries.
• Rules of Income Taxation

SPECIAL PROVISIONS FOR CERTAIN UNDERTAKING CORPORATE TAX PLANNING

QUICK REVISIONS OF CORPORATE TAX PLANNING

TAX PLANNING REGARDING COMPENSATION PACKAGE

´  TAX PLANNING REGARDING COMPENSATION PACKAGE

´  CORPORATE TAX PLANNING

´  MEANING OF COMPENSATION PACKAGE

´  COMPENSATION PACKAGE DOES NOT HAVE ANY STATUTORY DEFINITION YET IT IS USED VERY MUCH. IT COULD ALSO BE CALLED SALARY PACKAGE, GROSS SALARY, REMUNERATION TO EMPLOYEE, COST TO COMPANY. COMPENSATION PACKAGE MEANS VARIOUS FORMS OF PAYMENT MADE BY EMPLOYER TO THEIR EMPLOYEES AS PART OF REMUNERATION. IT DOES NOT MEAN ONLY SALARY OR WAGES BUT INCLUDES VARIOUS FORMS OF SALARY SUCH AS BASIC SALARY,ALLOWANCES,PERQUISITES,BONUS, LEAVE SALARY,RETIREMENT BENEFIT LIKE PROVIDENT FUNDS GRATUITY ETC

DEDUCTION U/S 801A UNDERTAKING PROVIDING INFRASTRUCTURE FACILITY ·

TAX PLANNING AND NON RESIDENTS

·         TAX PLANNING AND NON RESIDENTS

·         CORPORATE TAX PLANNING

JUSTIFICATION OF TAX · CORPORATE TAX PLANNING

·         JUSTIFICATION OF TAX

·         CORPORATE TAX PLANNING

·         MEANING OF TAX

METHODS OF TAX PLANNING

·         METHODS OF TAX PLANNING

·         CORPORATE TAX PLANNING

OWN OR LEASE TAX PLANNING WITH REFERENCE TO SPECIFIC MANAGERIAL DECISIONS

• TAX PLANNING WITH REFERENCE TO SPECIFIC MANAGERIAL DECISIONS
• OWN OR LEASE
• OWNING/PURCHASING THE ASSETS

1. BECOMES THE LEGAL OWNER

REPAIR,REPLACE,RENEWAL OR RENOVATION CORPORATE TAX PLANNING

• REPAIR,REPLACE,RENEWAL OR RENOVATION
• CORPORATE TAX PLANNING
• REPAIR

TAX PLANNING IN RESPECT OF BONUS SHARES

• TAX PLANNING IN RESPECT OF BONUS SHARES
• CORPORATE TAXATION
• MEANING OF BONUS SHARES

1. THESE SHARES ARE GIVEN TO SHAREHOLDERS FREE OF COST AND GIVEN OUT OF ACCUMULATED PROFITS OF THE COMPANY AND GIVEN TO EXISTING SHAREHOLDERS IN PROPORTION OF THEIR EXISTING SHAREHOLDINGS IN THE COMPANY.
2. THE PROCESS OF CONVERSION OF RESERVE AND SURPLUS INTO SHARE CAPITAL ARE CALLED CAPITALIZATION OF RESERVE AND SURPLUS.

POST SHUT DOWN EFFECT CORPORATE TAX PLANNING

• POST SHUT DOWN TAX EFFECTS
• CORPORATE TAX PLANNING
• MEANING

1.  IT MEANS A COMPLETE CESSATION OR CLOSING DOWN OF THE BUSINESS. IT INVOLVES THE FOLLOWING:-
2. NO BUYING AND SELLING
3. NO MANUFACTURING
4. ASSETS TO BE SOLD
5. RETURNING THE CAPITAL TO OWNERS ETC

MAKE OR BUY DECISIONS CORPORATE TAX PLANNING

• • MAKE OR BUY DECISION
  • CORPORATE TAX PLANNING
  • MAKE OR BUY DECISIONS

SHORT QUESTIONS CORPORATE TAX PLANNING

¡  SHORT QUESTIONS –CORPORATE  TAXATION

¡  CORPORATE TAX PLANNING

CAPITAL STRUCTURE DECISIONS ( TAX PLANNING)

CAPITAL STRUCTURE ( TAX PLANNING)

CORPORATE TAX PLANNING

Meaning

1.       Capitalization refers to the total amount of securities issued by a company.

2.       Capital structure refers to the kind of securities and the proportionate amounts that make up capitalization

3.       Capital structure is the proportion of debt and preference  and equity share on balance sheet.

4.       Financial Structure means the entire liability side of balance sheet.

DEMERGER CORPORATE TAX PLANNING

•       DEMERGER

CORPORATE TAX PLANNING

QUICK REVISION OF CORPORATE TAX PLANNING:SOLE PROPRIETORSHIP AND TAX PLANNING AND REQUISITE FEATURES OF TAX PLANNING

• QUICK REVISION OF CORPORATE TAX PLANNING
  
  CORPORATE TAX PLANNING
• CONTENTS:

1. PREVIOUS PAPER
2. SOLE PROPRIETORSHIP AND TAX PLANNING
3. REQUISITE FEATURES OF TAX PLANNING

• SECTION A

1. WHAT ARE THE MAIN OBJECTIVE OF TAX PLANNING? WHAT STEPS WOULD YOU TAKE TO ACHIEVE THE OBJECTIVE OF TAX PLANNING?
2. WHAT ARE THE MAJOR ISSUES IN TAX PLANNING FOR LOCATION OF A NEW BUSINESS ORGANIZATION? HOW WOULD YOU RESOLVE THESE ISSUES?
3. WHAT DO YOU MEAN BY INFRASTRUCTURAL PROJECTS? WHAT ARE THE MAJOR TAX CONSIDERATION AND INCENTIVES FOR INFRASTRUCTURAL PROJECTS.
4. WHAT ARE THE REQUISITES FOR DEMERGER OF COMPANIES. EXPLAIN THE TAX INCENTIVES AVAILABLE FOR DEMERGER OF COMPANIES.