Tax Optimization in Poland
Cost & Tax Management
Training For Small & Medium Enterprises
There is hardly any business in the world which is fond of paying taxes. It doesn’t matter how big the business is, where it is located or what its profits are. If you are a business owner, probably, you would prefer to spend as much money as possible on your business development, not taxes. But what do you know about legal ways to optimize taxes for your business? Probably, not much if you still adhere to the common ways. Meanwhile, such companies as Starbucks, Amazon, Google and other have already done a great job optimizing their taxes. In fact, in 2012, Starbucks managed to pay NO corporate tax even when it had sales of £400m in the UK. Moreover, the company paid just £8.6m of corporation tax in Britain over 14 years and said it did not get any profits on the British market because the market is tough there.
More examples:
- In 2011, Amazon had sales in the UK of £3.35bn but reported a “tax expense” of £1.8m.
- In 2011, Google in UK paid £6m in taxes on the UK turnover of £395m.
- Starbucks paid $5.9m of tax in the UK on profits of $213m in the year to the end of October 2017.
Note the corporate tax in the UK is 19.5 percent, so the companies should have paid much more. And the companies did not violate a single law. Impressive, isn’t it? So, what did they do to come up with such results? Let’s have a look at what Starbucks did to optimize its taxes in the UK. The company has transferred some money to its Dutch sister company in royalty payments. It bought coffee beans from Switzerland. It has paid high interest rates to borrow from other parts of business. The company used tax breaks related to employees who got payments in shares. And those are only several optimising tool they have used.
Despite all the debates about multinationals paying less than they should, the companies keep on using each single opportunity to save on taxes. And these opportunities are available to every single business, not giants only. In fact, this is the matter of knowledge about tax optimization options available to you.
Do you want to optimize the costs & taxes for your company? We invite you to participate in our training which will provide comprehensive knowledge and effective tools to help you pay less taxes without violating the laws.
In this training you will learn how to do:
✓Resource planning
✓Cost estimating
✓Cost budgeting
✓Cost control
✓Tax optimization
✓Tax structuring
✓Case Study - How Starbucks avoids paying taxes legally.
Do you wonder why Starbucks became so successful, we will tell you why.
We’ve prepared a short yet very effective training - „Cost & tax management training for small & medium enterprises”.
This training gives you a roadmap towards how to make your business more effective and profitable.
This training suits small and medium business managers and owners. Click Here to Register for Training
You should NOT attend this training if you want to give away almost 50% of your earnings or suffer from the low business effectiveness.
Do You Want to make Your business more profitable and successful?
So we know how to help you then!
We’ve prepared a short yet very effective online training.
Your savings will be HUGE with us!
Only now we offer this ridiculous price of $29 instead of the regular value $270! Pay less today and buy your access now with HUGE discount!
If You Still Have Questions Left Email Us: seminar@orugagroup.com
Oruga Group - Legal Service Provider for a Decade
