Introduction to Tax Planning

Deborah Schanz () and Sebastian Schanz ()
Additional contact information
Deborah Schanz: Chair of Taxation and Accounting
Sebastian Schanz: University of Magdeburg

Chapter Chapter 1 in Business Taxation and Financial Decisions, 2011, pp 3-10 from Springer

Abstract: Abstract In this chapter we explain why integrating taxation into decision making processes is not negligible. Using simple examples, we show that taxation affects optimal investment decisions. We present the two most important objectives of tax research: Tax planning and identifying tax impact on decisions. We discuss main assumptions of an investment decision process briefly and introduce the important terms of tax planning and tax minimization. Moreover, we provide basic concepts of tax planning and discuss different types of decision settings and planning approaches. After studying this chapter, you are able to evaluate the importance of taxation in investment decisions and distinguish between tax planning and tax minimization.

Keywords: Investment Decision; Decision Setting; Consumption Utility; Optimal Investment Decision; Investment Decision Process (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-03284-4_1

Ordering information: This item can be ordered from
http://www.springer.com/9783642032844

DOI: 10.1007/978-3-642-03284-4_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().