الفهرس 
المستخلصيوجد فقط 14 صفحة متاحة للعرض العام
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المستخلص
Tax represents a significant burden on organizations, and if not properly planned and managed can have a negative impact on cash flow and investment ability. To mitigate the impact of taxes on liquidity, corporate profitability and future cash flows, companies engage in tax planning activities. Tax laws usually include many advantages that allow taxpayers to plan their tax, meaning that the tax law supports the taxpayer if he arranges it in a way that reduces the tax burden or even avoids it. Therefore, companies have no legal liability if they can organize their business or activity legally to reduce tax liabilities. This is the concept and essence of tax planning, which is one of the vital decisions facing managers of companies. As tax planning reduces the amount of tax payable, it is expected to have a positive impact on the Company’s future cash flows and increase the rate of return after tax. It is also expected that companies engaged in tax planning activities will perform better than those that do not plan taxes, on the one hand. On the other hand, there are potential costs related to tax planning activities such as the costs of implementing tax planning strategies, transaction costs, possible penalties that companies may face if the IRS does not recognize their tax planning strategies, as well as reputational risks. With the issuance of Article 92 bis in 2014 under which the law gave the tax authority the right not to recognize the tax effects of transactions whose goal or one of its objectives avoid tax. Although the law has focused on tax avoidance rather than tax planning, the absence of clear differences between the two concepts could lead to misuse of this Article, which may lead to more costs to taxpayers as a result of engaging in tax planning activities, which will negatively affect profits and Future cash flows.