THE IMPORTANCE OF TAX PLANNING TO GROWING LISTED COMPANIES ON THE STOCK EXCHANGE OF THAILAND

Abstract

The article aims to present the importance of tax Planning to listed companies on the Stock Exchange of Thailand. This study was done by reviewing concepts and theories and research related. The results showed that; 1) Tax planning is essential to the growth of companies listed on the Stock Exchange of Thailand. Because tax planning is the tax activity of a company registered under the law, it's    a preparation to pay taxes correctly and completely. It can use tax benefits as stipulated by law to be used for an annual income tax deduction to reduce the tax burden. 2) This is a direct or indirect strategy to reduce corporate income tax expenses without affecting accounting profits. Or the reduction of taxable profits without affecting accounting profits and taxable profits to ensure proper taxation without relying on tax evasion. 3) Good tax planning must start with a detailed understanding of the income taxes that will be payable. Such as this will enable them to know how to make good use of the tax benefits and affect the growth of the business. 4) To measure business growth can measure in several ways including; Measuring Retention Ratio, Measuring from Payout Ratio, Measuring from Return on assets, Measuring from Return on Equity, Measuring from Gross Profit Margin, Measure from Cashflow of Operations Activities, and Measuring Net profit.