Substance requirement in global tax planning Research Paper

Substance requirement in world(prenominal) measure planning - Research Paper ExampleAs taxation planning possibilities increase for companies, specially holding companies, the research paper agreed with Jourdan (2009) who found that concerned states ar eagerly trying to shelter their tax base by developing anti-tax-avoidance legislation often in ways that disregard the address of the activity conducted. It is based on this recurring development that the research makes a very strong protagonism to companies to adapt radical means and measures of ensuring that the payment of taxes does not become a hitch to their financial growth. authority from the setting up of holding companies to be used in qualifying for tax exemptions, the research whence concludes that companies could rather use re-basement of their assets. Some of the key findings made from the research paper on tax strategizing are given in the bullet points below The key advantage associated with substance in intern ational tax planning is that it helps the multinational company in better tracking its true financial assets with or without tax reliefs The use of claiming treaty benefit is one of the safest legal means of gaining legitimate reliefs from taxes.