The Impact Of Tax Planning On The Financial Performance Of Companies
Abstract
Student Name: Zana Ismail Abdulkareem
The current study investigates the connection between financial performance and business tax preparation. A questionnaire was used to collect information from respondents in Kurdish organizations and businesses. The quantitative study collects primary data via a questionnaire. The research is constantly confined to statistical examination only (72) samples collected, which causes respondents’ inadequate answers. Furthermore, SPSS version 26 was utilized to analyze the data collected in the study. The researcher examined the relationship between financial performance and company tax preparation; the findings indicate a positive, significant, and robust relationship between financial performance and corporate tax planning. In addition, the researcher investigated the relationship between financial performance metrics and company tax planning. The findings reveal a relationship between four characteristics of financial success, including revenue growth and income growth, as well as elements of corporate tax strategy, including the book-tax gap and thin capitalization. In statistics, the relationship between revenue growth and income growth is strongest. The questionnaire was distributed to many corporations and groups, but only five enterprises responded. Our four study questions were then answered using the sample responses. Finally, the analysis revealed a considerable positive association between financial success and business tax preparation. The limitations of this study were time limits and issues receiving responses to my questionnaire.
