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What (who) is tax planning - definition
METHOD OF REDUCING TAX DUE
Tax shelters; Tax Sheltered Investment
tax shelter
A tax shelter is a way of arranging the finances of a business or a person so that they have to pay less tax.
N-COUNT
tax shelter
¦ noun a financial arrangement made to avoid or minimize taxes.
Planning gain
PUBLIC BENEFITS REQUIRED BY UK AUTHORITIES IN EXCHANGE FOR CONSTRUCTION APPROVAL
Planning Gain; Community Infrastructure Levy; Section 75 planning agreement
Planning gains (or planning obligations) are ways that local authorities in the United Kingdom can secure additional public benefits from developers, during the granting of planning permission.
Wikipedia
Tax shelter
Tax shelters are any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments. The methodology can vary depending on local and international tax laws.
Examples of use of tax planning
1. "Corporate social responsibility must not be defined by tax planning strategies alone.
2. Hypocrisy of anti–tax avoidance Where do the boundaries lie between legitimate tax planning, tax avoidance and outright tax evasion?
3. Since 2004 he has been presenting a tax planning course in Moscow State University‘s master of economics program.
4. Jacky Matza,who served as director general during the past year, took action to reduce unreasonable tax planning.
5. During that time Kenneth became head of corporate tax planning at the accountants Deloitte & Touche, earning 750,000 a year.