THE IMPORTANCE OF TAX ACCOUNTING IN COMPANY FINANCIAL MANAGEMENT

Abstract

Brazil has a substantial tax burden, which underscores the need for tax preparation. A tax preparation is fundamental, as it helps organizations to avoid excessive that could make them financially unsustainable. Companies inevitably incur significant tax obligations when they carry out their operations, making tax planning crucial to their continued existence. The accounting sector is of great relevance from a managerial because of its control over tax information and activities. activities. Accounting serves as a management tool for companies, including the strategy, implementation and control of their financial affairs. Today, accounting has become an essential necessity for the daily operations of companies. daily operations of companies. Tax planning therefore plays a crucial role in the decision-making process within management, as it provides managers with the necessary assurance and confidence in their actions. O tax planning, commonly referred to as "tax avoidance" in case law, is a legal method that adheres to all legal limits in order to minimize one's tax liability. This is achieved through tax policy and its principles, which aim to minimize the burden on companies by companies, promoting the adoption of the least onerous methods of doing business. O objective of this study is to analyze tax planning as a decision-making decision-making tool for companies, emphasizing its importance by means of a bibliographical research.