Tax Planning In companies Listed In The Palestine Securities Exchange (Comparative Study)

This study is concerned with the extent of the use of tax planning and its various elements, by companies listed in the Palestine securities exchange for the reduction of their tax burden by legal means through the following forms: 1. Tax planning, by the companies listed in the Palestine securities exchange, through utilization of the advantages by the law for income tax. 2. Tax planning, by the companies listed in the Palestine securities exchange, through utilization of the advantages by the law for encouragement of investment. 3. Tax planning, by the companies listed in the Palestine securities exchange, through implementing financial administrative, and accountancy procedures. The study is also concerned with the measurement of the relationship between these companies and their tax planning through its various elements, in addition to the measurement of variation between averages of use of tax planning among the three preceding parts, and comparing them, with concentration on law for income tax no. (25) of the year1964, and the law for encouragement of investment. (1) of the year 1988. For achieving this objective, the researcher designed questionnaire consisting of (34) items, and distributed it on the sample of study, which included (26) companies listed in Palestine securities exchange, (12) auditing offices and (10) tax officers. The researcher arrived at the following conclusions: 1. The study sample showed noticeable agreement and conviction that companies try to utilize the general advantages offered by the law income tax, with the mean score (3.82). Also, a strong relationship was shown between the extend and commitment of the listed company to the general advantages offered by the law of income tax on one side, and the reduction of tax burden on the other. 2. The subjects of the sample tend to agree on that companies utilize, to a certain degree, the advantage .by the law for the encouragement of investment, the mean of the score was (3.55). 3. The subjects of the sample tend to agree on that the company has concern in, and implement, financial, administrative, and accountancy procedures, the mean of the score is (3.76),hence the tax burden is reduced for the companies that are committed to and implement financial ,administrative and accountancy procedures, in accordance with the law in force . The study also arrived at many recommendations which are of great use to the companies listed in the financial market in particular, and the joint stock companies in general, regarding the reduction tax burden by legal means.