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Informe en Ingles - Planeamiento Tributario
Informe en Ingles - Planeamiento Tributario
ACCOUNTING SCHOOL
ACADEMIC REPORT
COURSE:
Tax Planning
SUBJET:
AUTHOR:
TEACHER:
CHIMBOTE – PERÚ
2023
INDEX
I. INTRODUCTION ............................................................................................. 3
V. ANNEXES ..................................................................................................... 11
I. INTRODUCTION
In Peru, the first law on income tax was passed in 1934, which remained in force for
a long time, but many modifications were made. An important reform was introduced
in 1962 with the supreme decree (287-68 HC) which divided income into five
categories with specific deductions in each of them to obtain net sums, which
together show the taxable matter where it is. progressive scale of taxes was still
submitted
For the purposes of this work, only the general regime will be analyzed in tax
planning. This tax receives great importance as a means of collection for the state
and as a cost for people and companies, the national superintendence of customs
and tax administration (SUNAT). It is the entity that has the function of applying,
supervising and collecting taxes from the national government, as is also the case.
In order to carry out tax planning, you must know the tax regulations so that, based
on this, the tax rates can be progressively applied.
For this reason Ramírez et al. (2020), express that one of the main problems is that
taxpayers are unaware of the benefits of timely payment of taxes, due to this lack of
information they do not improve the management of their financial and economic
resources, in such a way that their budget would be affected and would be causing
problems with compliance with their tax obligations
Therefore, deductible expenses are those that are incurred during the year, and
which can be subtracted in the third category income tax return because they are
attributable to the company's income; That is to say, it is what the company does
with the objective of maintaining its activities and obtaining income, being accepted
in the tax aspect by complying with the legal requirements of each country. Likewise,
the non-deductible expense is that which is not linked in any way. directly with the
economic activities of your company or business, therefore it cannot be deducted
when calculating taxes.
.
II. DEVELOPMENT
The General Regime in the context of tax planning generally refers to the set of tax
rules and provisions applicable to the majority of taxpayers within a tax system. The
specifics of the general regime may vary by jurisdiction, but generally cover aspects
such as income determination, tax base, applicable tax rates, allowable deductions,
and tax reporting and payment obligations.
In contrast to the general regime, some taxpayers may be subject to special tax
regimes, which may have particular conditions or benefits adapted to certain sectors
or economic activities. The objective of the general regime is to establish an
equitable and uniform tax framework for the majority of taxpayers.
Tax planning is a tool that business entities use when making recent
choices with future tax effects, opting for a correct way to achieve the
requested economic objective and the most convenient of the optional
procedures to manifest the chosen activity. Tax planning is the
development formed by a group of lawful acts of the collaborator whose
purpose is to invest the resources directed to the organization and with
little collection that is convenient within the regulations (Guiman & Olivera,
2022).
In the Peruvian tax context, the general regime has undergone various modifications
over time, highlighting the 1962 reform that divided income into categories with
specific deductions. Currently, this regime applies to medium and large companies,
with no income limit, being essential for state collection and constituting a cost for
the entities. However, it faces challenges, such as taxpayers' lack of knowledge
about the benefits of timely payment of taxes.
We can also understand that taxes and remuneration are the means by which the
financial needs of the group of people who make up and carry out the function of
rulers or authority are covered. The new regime increases the restrictions so that it
is not used to transfer ordinary income to exempt income, but this measure seems
not to be enough to ensure true control of evasion. Likewise, we can note that the
MYPE is a tax regime that was made exclusively to work with miniature and small
organizations where the collection depends on the benefit obtained.
The general regime, together with tax planning, plays a crucial role in the tax
management of companies, making it necessary not only to comply with regulations,
but also to adapt to legal changes and effectively take advantage of the options that
tax regulations offer.
IV. BIBLIOGRAPHIC REFERENCES
Plataforma digital única del estado peruano. (2023). Régimen general de renta.
https://www.gob.pe/6991-regimen-general-de-renta
SUNAT. (2018). Regímenes tributarios.
https://emprender.sunat.gob.pe/emprendiendo/decido-
emprender/regimenes-tributarios