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For any business to plan by analyzing previous years' performance, to be able to maximize their profits and meet their obligations to the government, Corporate tax planning is essential. <br>Through the maze of tax laws an experienced tax accountant can guide a company to pay corporate tax in Switzerland and he can help put more money into development and growth by advising about debt-reduction strategies.<br>
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Corporate Tax Planning Is a Must rather than being an Opinion
Slide Title For any business to plan by analyzing previous years' performance, to be able to maximize their profits and meet their obligations to the government, Corporate tax planning is essential. Through the maze of tax laws an experienced tax accountant can guide a company to pay corporate tax in Switzerland and he can help put more money into development and growth by advising about debt-reduction strategies.
Taxes are Unavoidable In business, it is impossible to avoid paying taxes. The business has to pay taxes on a portion of its profits any time a service or product is made or sold. Taxes allow the government protection to its citizens and to give services. However, with tax planning a company can increase its working capital and lower its taxes in Switzerland. With more working capital a business can become more profitable and grow. The company's accountant should discuss for the business at the proper times what kinds of write-offs and deductions are right.
Accounting Methods Its cash flow and taxes are influenced by a company's accounting methods. The accrual and the cash methods are two main accounting methods. When it is actually received income is recorded in the cash method. This means it is noted rather than when it is sent out when an invoice is actually paid.
By delaying billing the cash method can defer company tax in Switzerland. As it recognizes debt and income rather than when payment is received or made when it actually occurs the accrual method is more complex. Charting a company's long-term performance is a better way. A tax-planning accountant in Geneva can help a company achieve growth for the future, lower taxes and increase profits. To develop a tax planning strategy for all of these factors, discuss your business's goals, wants, needs, weaknesses and strengths with your corporate accountant.
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