We find that fixed income claims are chosen to reduce corporate income taxes, minimize refinancing costs, and help mitigate managerial discretion costs.
At forbes.com/taxplanning our resident expert, Janet Novack, has assembled an assortment of stories on tax-minimizing techniques, not all of them involving screwdrivers.
Daniel N. Shaviro, a tax law professor at New York University, said the administration had engaged in "gamesmanship" in relying on the alternative minimum tax to minimize revenue loss from its tax cuts.
If the Internal Revenue Service hired a consultant to tell it how to maximize tax revenues and minimize tax fraud, the advice it would get is obvious.
Similarly, Choi and Day (1998) show that incentive contracts for divisional managers that solely depend on the managed division's profit may prevent the realization of the optimal tax minimizing transfer price if changes to the transfer price influence the allocation of risk between divisions.
In Washington state, Governor Gregoire wants to raise the sales tax to minimize or avoid those education cuts, so it's worth asking how much have we've raised spending in the past, and what good it's done.
The tax ministry accused Yukos of using onshore tax havens to minimize its tax liability in the year 2000 by 100 billion rubles, or about $3.4 billion.
With proper tax planning, you can maximize your potential tax savings and minimize your tax liability.
The tax ministry accuses Yukos of having used onshore tax havens to minimize its tax liability in 2000.
"He's a smart guy, he has smart people working for him, and he says he doesn't want to pay more taxes than he has to, so I'm sure he's using smart tax lawyers to minimize his tax bill which is perfectly legitimate".
