The role of tax management in reducing tax risks - Case study of SOMEMI+ institution

Abstract

This study aims to highlight the role of tax management in reducing tax risks of an economic institution, which is one of the most important risks that constitutes significant burden on the institution, tax management is an essencial tool for managing tax risks and enhancing the efficiency of operations within the institution.
The study concluded that tax management is a legal procedure aimed at reducing taxes within the limits permitted by law, and by studying the status of the SOMEMI+ institution , we have been able to reach that the institution in question adheres to submitting tax declarations within the legally specified deadlines, thus avoiding risks associated with delay penalties, it also commits to the institution ensures accurate declarations to avoid potential penalties related to fraud and errors, and thus the institution achieves tax security through efficient tax operations management.