Tax Planning and its Impact on the Tax Burden of a Small Metal-mechanic Company, 2022

Resumen

The term tax planning understands a wide range of activities carried out by economic agents in order to reduce their tax burden by taking advantage of available legal benefits. This study analyzes the impact of tax planning on the tax burden of a small company in the metal-mechanic sector during the year 2022. It was found that the lack of guidelines, adequate control and accounting-tax analysis of its operations during the period generated omissions in the payment of taxes and penalties for an amount equivalent to 7% of its annual turnover. A set of tax management improvement strategies was proposed, whose subsequent evaluation revealed a significant improvement in the company's tax compliance level and, therefore, a reduction in tax omissions and contingencies. In this sense, the hypothesis was confirmed; it is determined that viable strategies, adapted to the company’s particularities and properly applied, contribute to reducing contingencies and costs associated with the compliance of its tax obligations, in addition to taking advantage of the benefits allowed by the legal regulations. It is hoped that the evidence presented will provide support for future research in the small business sector.