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متابعة

State tricks companies use to reduce their taxes

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تم إضافة السؤال من قبل Sahar Ghaddar , Financial Controller , Fendi
تاريخ النشر: 2015/02/25
Shahbaz Hayder
من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

The following tricks could be observed:

 

1. Under-invoicing

2. Fake expenses

3. Ghost employees' and their payroll expenses

4. Acquiring loss bearing companies

5. Inter-Group Transactions at wanted price and cost

6. Misapplication of accounting policies

Atasang Kingsley Ateno
من قبل Atasang Kingsley Ateno , Financial Manager , Qatar Golf International

Most companies will use depreciation of fixed asset and benefit given to employees. More So, some company will classify some expenses as taxable expenses which are not taxable indeed. 

Parameshwaran V
من قبل Parameshwaran V , Team Leader, General Accounting , Flextronics Technologies India Pvt.Ltd

Routing the invoicing to the end customer through an associate company in a tax haven & Registering the company in a tax haven should be the two efficient tricks.

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