Effectiveness of the processes, authenticity and reliability of the financial statements

Reformulate the tax planning with the objective of investigating, detecting and suggesting corrections and deficiencies in order to verify the effectiveness of the processes and check the authenticity and reliability of the financial statements of the same.

There are tax alternatives that may not have been considered at the time; for example, setting objectives and the means to achieve them, which can be used to reduce the failures detected within the income tax planning.

By virtue of the foregoing, the need arises to point out the relationship between tax planning and non-compliance with formal income tax duties.

In response to what has been said in the above paragraphs, the following questions may be asked: What is the type of income tax planning carried out by Inversiones? What are the phases of tax planning in investments to avoid penalties for non-compliance?.

What are the tax obligations of taxpayers for non-compliance with formal income tax duties? What is the incidence of tax planning as a tool for compliance with income tax obligations in the company Inversiones?.